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Feutune Light Acquisition Corporation Feutune Light Acquisition Corporation

Feutune Light Acquisition Corporation

FLFV
Rank in Stocks #33623
Feutune Light Acquisition Corporation's primary objective is to execute a... Feutune Light Acquisition Corporation's primary objective is to execute a business combination, which can involve a merger, an exchange of capital stock, the acquisition of assets, a stock purchase, a corporate reorganization, or similar transactions with one or more entities. This company was established in 2022 and operates from Metuchen, New Jersey.
Share Price
$0.9605
Last synced: 2024-07-10
Market Cap
$7.24M
Change (1 day)
-62.48%
Change (1 year)
0.00%
Country
US
Trade Feutune Light Acquisition Corporation (FLFV)

Category

Financial Services
P/E ratio for Feutune Light Acquisition Corporation (FLFV)
P/E ratio as of August 2026 TTM: -85.33
According to Feutune Light Acquisition Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -85.33. At the end of 2023 the company had a P/E ratio of 59.46.
P/E ratio history for Feutune Light Acquisition Corporation from 2021 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) -85.33 984.29%
2024 -7.87 -113.23%
2023 59.46 -98.75%
2022 4.74K -1,309.52%
2021 -391.88 0.00%
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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.