P/E ratio for Rekor Systems (REKR)
P/E ratio as of May 2024 (TTM): -1.28
According to Rekor Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.27857. At the end of 2022 the company had a P/E ratio of -0.7453.
P/E ratio history for Rekor Systems from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.7453 | -92.72% |
| 2021 | -10.2 | -23.91% |
| 2020 | -13.5 | 202.8% |
| 2019 | -4.44 | 193.85% |
| 2018 | -1.51 | -86.01% |
| 2017 | -10.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -46.2 | 3,511.94% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.