cbdMD
YCBD
#8658
Rank
$2.18 M
Marketcap
$0.56
Share price
-3.03%
Change (1 day)
-60.29%
Change (1 year)
Categories

P/E ratio for cbdMD (YCBD)

P/E ratio as of July 2024 (TTM): -0.0325

According to cbdMD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0325042. At the end of 2022 the company had a P/E ratio of -0.2315.

P/E ratio history for cbdMD from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.2315-86.28%
2021-1.69-93.14%
2020-24.63660.33%
2019-0.6538-97.46%
2018-25.8118.18%
2017-11.8

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.