Urban-gro
UGRO
#9867
Rank
HK$0.10 B
Marketcap
HK$8.32
Share price
4.90%
Change (1 day)
-14.80%
Change (1 year)

P/E ratio for Urban-gro (UGRO)

P/E ratio as of December 2024 (TTM): -0.4908

According to Urban-gro 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.490826. At the end of 2022 the company had a P/E ratio of -1.89.

P/E ratio history for Urban-gro from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.89-97.48%
2021-74.916892.55%
2020-0.4405-31.76%
2019-0.6455

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.