P/E ratio for SmartRent (SMRT)

P/E ratio history for SmartRent from 2021 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Urban Outfitters URBN	23.9	-795.22%	🇺🇸 USA
Gap Inc. GAP	11.0	-418.65%	🇺🇸 USA
American Eagle Outfitters AEO	12.2	-455.17%	🇺🇸 USA
Nordstrom JWN	121	-3,625.97%	🇺🇸 USA
Ross Stores ROST	29.5	-957.65%	🇺🇸 USA
TJX Companies TJX	36.2	-1,150.37%	🇺🇸 USA
Buckle BKE	8.31	-341.23%	🇺🇸 USA
Trinity Place Holdings TPHS	-0.0722	-97.91%	🇺🇸 USA
Guess GES	3.82	-210.89%	🇺🇸 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.