SurgePays
SURG
#9560
Rank
โ‚ฌ34.32 M
Marketcap
1,70ย โ‚ฌ
Share price
2.31%
Change (1 day)
-68.07%
Change (1 year)

P/E ratio for SurgePays (SURG)

P/E ratio as of December 2024 (TTM): 2.03

According to SurgePays's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.03448. At the end of 2022 the company had a P/E ratio of -131.

P/E ratio history for SurgePays from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-13119367.62%
2021-0.6739-43.8%
2020-1.20-64.02%
2019-3.33-91.67%
2018-40.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
59.1 2,804.68%๐Ÿ‡บ๐Ÿ‡ธ USA
17.9 778.30%๐Ÿ‡บ๐Ÿ‡ธ USA
16.8 724.50%๐Ÿ‡บ๐Ÿ‡ธ USA
53.5 2,531.58%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3 404.15%๐Ÿ‡บ๐Ÿ‡ธ USA
26.0 1,176.26%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
36.1 1,675.45%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.