Vivakor
VIVK
#9304
Rank
A$71.83 M
Marketcap
$2.43
Share price
-3.09%
Change (1 day)
105.39%
Change (1 year)

P/E ratio for Vivakor (VIVK)

P/E ratio as of November 2024 (TTM): -3.51

According to Vivakor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.51111. At the end of 2022 the company had a P/E ratio of -0.8420.

P/E ratio history for Vivakor from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2022-0.8420-95.7%
2021-19.6-66.66%
2020-58.7
2009-4.25

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-138 3,817.42%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.4 794.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-17.9 408.59%๐Ÿ‡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.