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DUET Acquisition Corp. DUET Acquisition Corp.

DUET Acquisition Corp.

DUET
Rank in Stocks #20703
Currently lacking substantial business operations, DUET Acquisition Corp. aims... Currently lacking substantial business operations, DUET Acquisition Corp. aims to complete a strategic business combination, such as a merger, asset acquisition, stock exchange, or reorganization, with one or more enterprises in the technology industry. Founded in 2021, the company is headquartered in Kuala Lumpur, Malaysia.
Share Price
$11.33
Last synced: 2024-12-17
Market Cap
$124.16M
Change (1 day)
0.00%
Change (1 year)
0.00%
Country
MY
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P/E ratio for DUET Acquisition Corp. (DUET)
P/E ratio as of August 2026 TTM: 446.11
According to DUET Acquisition Corp. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 446.11. At the end of 2022 the company had a P/E ratio of -226.56.
P/E ratio history for DUET Acquisition Corp. from 2021 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 446.11 2.86%
2023 433.69 -291.42%
2022 -226.56 -99.74%
2021 -87.02K 0.00%
P/E ratio for similar companies or competitors
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.