Akerna
KERN
#8845
Rank
$0.16 M
Marketcap
$0.31
Share price
36.94%
Change (1 day)
-48.59%
Change (1 year)
Categories

P/E ratio for Akerna (KERN)

P/E ratio on January 1, 1970 (TTM): -0.0426

According to Akerna's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0425509. At the end of 2022 the company had a P/E ratio of -0.0187.

P/E ratio history for Akerna from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.0187-98.7%
2021-1.44-20.21%
2020-1.80
2018-24.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2 108,431.66%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.