P/E ratio for SurgePays (SURG)

P/E ratio history for SurgePays from 2018 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Johnson & Johnson JNJ	41.3	-29,952.98%	🇺🇸 USA
Novartis NVS	31.0	-22,468.57%	🇨🇭 Switzerland
Stryker Corporation SYK	33.5	-24,295.94%	🇺🇸 USA
Cooper Companies COO	20.9	-15,221.70%	🇺🇸 USA
STAAR Surgical STAA	360	-260,286.97%	🇺🇸 USA
CONMED CNMD	27.8	-20,211.55%	🇺🇸 USA
Integra LifeSciences IART	-142	102,323.11%	🇺🇸 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.