Polished.com
POL
#8616
Rank
$3.84 M
Marketcap
$1.82
Share price
0.00%
Change (1 day)
243.81%
Change (1 year)

P/E ratio for Polished.com (POL)

P/E ratio as of July 2024 (TTM): 1.31

According to Polished.com's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.30859. At the end of 2021 the company had a P/E ratio of -0.1111.

P/E ratio history for Polished.com from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2021-0.111132.79%
2020-0.0836

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.