Top Markets
Coin of the day
Portage Fintech Acquisition Corporation Portage Fintech Acquisition Corporation

Portage Fintech Acquisition Corporation

PFTA
Rank in Stocks #22647
Portage Fintech Acquisition Corporation's core objective is to execute a... Portage Fintech Acquisition Corporation's core objective is to execute a strategic business combination with one or more entities engaged in the financial technology or wider financial services industries. This may involve various methods such as a merger, the acquisition of assets or shares, or a corporate reorganization. The company was established in 2021 and operates from its base in New York, New York.
Share Price
$10.76
Last synced: 2025-06-17
Market Cap
$85.49M
Change (1 day)
0.00%
Change (1 year)
0.00%
Country
US
Trade Portage Fintech Acquisition Corporation (PFTA)
P/E ratio for Portage Fintech Acquisition Corporation (PFTA)
P/E ratio as of August 2026 TTM: 15.59
According to Portage Fintech Acquisition Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.59. At the end of 2022 the company had a P/E ratio of 37.97.
P/E ratio history for Portage Fintech Acquisition Corporation from 2021 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 15.59 1.39%
2023 15.38 -59.50%
2022 37.97 -4.36%
2021 39.70 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.