Vroom
VRM
#7943
Rank
$24.1 M
Marketcap
$13.43
Share price
1.97%
Change (1 day)
1,518.07%
Change (1 year)
Vroom is an American used car retailer and e-commerce company that enables consumers to buy, sell and finance cars online.

P/E ratio for Vroom (VRM)

P/E ratio as of March 2024 (TTM): -11.1

According to Vroom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.0992. At the end of 2022 the company had a P/E ratio of -0.3110.

P/E ratio history for Vroom from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.3110-92.16%
2021-3.97-69.65%
2020-13.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.99-181.01%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.