P/E ratio for UP Fintech (Tiger Brokers) (TIGR)
P/E ratio as of May 2024 (TTM): 24.4
According to UP Fintech (Tiger Brokers)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.3636. At the end of 2022 the company had a P/E ratio of -164.
P/E ratio history for UP Fintech (Tiger Brokers) from 2019 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -164 | -450.57% |
| 2021 | 46.8 | -38.8% |
| 2020 | 76.4 | -302.21% |
| 2019 | -37.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 34.3 | 40.89% | 🇺🇸 USA |
 Oracle ORCL | 33.1 | 35.98% | 🇺🇸 USA |
 IBM IBM | 21.6 | -11.29% | 🇺🇸 USA |
 Salesforce CRM | 169 | 593.76% | 🇺🇸 USA |
 Commvault CVLT | -262 | -1,174.96% | 🇺🇸 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.