Socket Mobile
SCKT
#9795
Rank
$10.03 M
Marketcap
$1.32
Share price
-2.22%
Change (1 day)
10.00%
Change (1 year)

P/E ratio for Socket Mobile (SCKT)

P/E ratio as of November 2024 (TTM): -4.82

According to Socket Mobile's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.82143. At the end of 2021 the company had a P/E ratio of 7.03.

P/E ratio history for Socket Mobile from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20217.03-247.78%
2020-4.76-115.37%
201931.0-285.79%
2018-16.7-20.86%
2017-21.1-1243.15%
20161.84-74.24%
20157.15-71.03%
201424.7-522.21%
2013-5.85261.4%
2012-1.62-51.56%
2011-3.3473.64%
2010-1.9238.34%
2009-1.39-25.33%
2008-1.86-77.3%
2007-8.20-34.11%
2006-12.4
2003-47.7695.24%
2002-6.00-10.71%
2001-6.72

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
42.7-986.38%๐Ÿ‡บ๐Ÿ‡ธ USA
28.1-683.47%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-425.75%๐Ÿ‡บ๐Ÿ‡ธ USA
37.8-884.90%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ 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.