P/E ratio for Urban One (UONE)
P/E ratio as of April 2024 (TTM): 2.73
According to Urban One 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.72603. At the end of 2021 the company had a P/E ratio of 6.12.
P/E ratio history for Urban One from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.12 | -127.61% |
| 2020 | -22.2 | -121.94% |
| 2019 | 101 | 15170.81% |
| 2018 | 0.6614 | -13.13% |
| 2017 | 0.7613 | -100.26% |
| 2016 | -295 | 27433.33% |
| 2015 | -1.07 | -13.76% |
| 2014 | -1.24 | -58.15% |
| 2013 | -2.97 | 448.39% |
| 2012 | -0.5414 | -105.13% |
| 2011 | 10.6 | -614.01% |
| 2010 | -2.05 | -49.17% |
| 2009 | -4.04 | 2853.69% |
| 2008 | -0.1368 | -76.85% |
| 2007 | -0.5909 | -99.39% |
| 2006 | -96.4 | -522.52% |
| 2005 | 22.8 | -46.13% |
| 2004 | 42.4 | -34.98% |
| 2003 | 65.2 | -171.32% |
| 2002 | -91.4 | 305.67% |
| 2001 | -22.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Salem Media Group
SALM | -0.3248 | -111.92% | 🇺🇸 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.