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Plutonian Acquisition Corp. Plutonian Acquisition Corp.

Plutonian Acquisition Corp.

PLTN
Rank in Stocks #30089
Plutonian Acquisition Corp., founded in New York, New York, in 2021, currently... Plutonian Acquisition Corp., founded in New York, New York, in 2021, currently does not conduct significant business operations. Its primary goal is to finalize a business combination with one or more entities, encompassing actions such as a merger, share swap, asset acquisition, stock purchase, recapitalization, or corporate reorganization. The company specifically aims to acquire businesses focused on metaverse technologies, tourism, and e-commerce sectors within the Asia-Pacific region.
Share Price
$2.43
Last synced: 2024-06-06
Market Cap
$18.25M
Change (1 day)
-58.10%
Change (1 year)
0.00%
Country
US
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P/E ratio for Plutonian Acquisition Corp. (PLTN)
P/E ratio as of August 2026 TTM: 6.57
According to Plutonian Acquisition Corp. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.57. At the end of 2022 the company had a P/E ratio of 598.67.
P/E ratio history for Plutonian Acquisition Corp. from 2021 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 6.57 -76.94%
2023 28.48 -95.24%
2022 598.67 0.00%
2021 0.00 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.