P/E ratio for SOBR Safe (SOBR)
P/E ratio as of May 2024 (TTM): -0.1863
According to SOBR Safe's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.186276. At the end of 2022 the company had a P/E ratio of -0.5249.
P/E ratio history for SOBR Safe from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.5249 | -94.64% |
| 2021 | -9.79 | 653.43% |
| 2020 | -1.30 | -88.19% |
| 2019 | -11.0 | 2095.3% |
| 2018 | -0.5011 | 46.44% |
| 2017 | -0.3422 | -48.78% |
| 2016 | -0.6681 | 166.67% |
| 2015 | -0.2505 | 264.07% |
| 2014 | -0.0688 | -93.13% |
| 2013 | -1.00 | 55.56% |
| 2012 | -0.6443 | -84.87% |
| 2011 | -4.26 | -397.5% |
| 2010 | 1.43 | -119.05% |
| 2009 | -7.52 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 OSI Systems
OSIS | 24.8 | -13,406.49% | 🇺🇸 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.