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GRIID Infrastructure Inc. Common Stock GRIID Infrastructure Inc. Common Stock

GRIID Infrastructure Inc. Common Stock

GRDI
Rank in Stocks #32394
Griid Infrastructure Inc. is a bitcoin mining enterprise that prioritizes the... Griid Infrastructure Inc. is a bitcoin mining enterprise that prioritizes the creation and deployment of an energy strategy focused on both economic efficiency and environmental sustainability. This approach allows the firm to manage and operate its end-to-end integrated bitcoin mining operations situated across Ohio. The company was founded in Cincinnati, Ohio, in 2018, where it continues to maintain its headquarters.
Share Price
$0.9601
Last synced: 2024-10-30
Market Cap
$10.22M
Change (1 day)
0.53%
Change (1 year)
0.00%
Country
US
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P/E ratio for GRIID Infrastructure Inc. Common Stock (GRDI)
P/E ratio as of August 2026 TTM: -3.43
According to GRIID Infrastructure Inc. Common Stock latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.43. At the end of 2022 the company had a P/E ratio of -6.33.
P/E ratio history for GRIID Infrastructure Inc. Common Stock from 2019 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) -3.43 -83.59%
2023 -20.89 230.20%
2022 -6.33 -81.05%
2021 -33.39 678.36%
2020 -4.29 -89.60%
2019 -41.24 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
17.47 -609.55%
US
15.84 -561.82%
US
- -
US
41.37 -1,306.45%
US
- -
CN
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.