Agora.io
API
#7129
Rank
โ‚น31.43 B
Marketcap
โ‚น341.74
Share price
-19.32%
Change (1 day)
26.23%
Change (1 year)

P/E ratio for Agora.io (API)

P/E ratio as of November 2024 (TTM): -3.43

According to Agora.io's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.4322. At the end of 2022 the company had a P/E ratio of -3.62.

P/E ratio history for Agora.io from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.62-85.27%
2021-24.6213.85%
2020-7.83

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
58.1-1,792.41%๐Ÿ‡บ๐Ÿ‡ธ USA
-15.7 356.89%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.49-27.52%๐Ÿ‡บ๐Ÿ‡ธ USA
27.6-904.85%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.