SurgePays
SURG
#9476
Rank
HK$0.26 B
Marketcap
HK$13.23
Share price
3.03%
Change (1 day)
-69.66%
Change (1 year)

P/E ratio for SurgePays (SURG)

P/E ratio as of November 2024 (TTM): 1.95

According to SurgePays's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.95402. 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
69.1 3,436.05%๐Ÿ‡บ๐Ÿ‡ธ USA
20.3 940.73%๐Ÿ‡บ๐Ÿ‡ธ USA
18.3 837.09%๐Ÿ‡บ๐Ÿ‡ธ USA
56.8 2,809.10%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8 454.59%๐Ÿ‡บ๐Ÿ‡ธ USA
28.1 1,335.68%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
39.4 1,913.93%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.