P/E ratio for Sphere 3D (ANY)
P/E ratio as of May 2024 (TTM): -0.0674
According to Sphere 3D's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0674084. At the end of 2022 the company had a P/E ratio of -0.0135.
P/E ratio history for Sphere 3D from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.0135 | -97.93% |
| 2021 | -0.6539 | 229.7% |
| 2020 | -0.1983 | 205.15% |
| 2019 | -0.0650 | 159.71% |
| 2018 | -0.0250 | -57.27% |
| 2017 | -0.0586 | 85.65% |
| 2016 | -0.0315 | -82.22% |
| 2015 | -0.1774 | -87.7% |
| 2014 | -1.44 | -69.01% |
| 2013 | -4.65 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Citrix Systems
CTXS | 39.4 | -58,615.26% | 🇺🇸 USA |
 Five9 FIVN | -44.2 | 65,507.55% | 🇺🇸 USA |
 Digimarc
DMRC | -9.67 | 14,240.45% | 🇺🇸 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.