Grindr
GRND
#3812
Rank
HK$20.54 B
Marketcap
HK$116.60
Share price
1.56%
Change (1 day)
157.00%
Change (1 year)

P/E ratio for Grindr (GRND)

P/E ratio as of November 2024 (TTM): -134

According to Grindr's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -134.332. At the end of 2022 the company had a P/E ratio of 465.

P/E ratio history for Grindr from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202246537.71%
2021338

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.9-112.57%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.0-91.03%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.