According to Fisker's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.054006. At the end of 2022 the company had a P/E ratio of -4.04.
Year | P/E ratio | Change |
---|---|---|
2022 | -4.04 | -58.15% |
2021 | -9.65 | -86.58% |
2020 | -71.9 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Nikola NKLA | -0.3399 | 529.32% | ๐บ๐ธ USA |
NIO NIO | -2.81 | 5,104.94% | ๐จ๐ณ China |
The Shyft Group SHYF | 15.2 | -28,326.31% | ๐บ๐ธ USA |
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.