Blue Hat
BHAT
#9833
Rank
$9.4 M
Marketcap
$0.16
Share price
-5.85%
Change (1 day)
-87.22%
Change (1 year)

P/E ratio for Blue Hat (BHAT)

P/E ratio as of November 2024 (TTM): -0.0133

According to Blue Hat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.013251. At the end of 2021 the company had a P/E ratio of -0.3805.

P/E ratio history for Blue Hat from 2020 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-0.3805-109.45%
20204.03

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-12.8 96,159.15%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.