Adit EdTech Acquisition Corp.

Adit EdTech Acquisition Corp.verified

ADEX

Price:

$5.38

Market Cap:

$72.12M

Adit EdTech Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-03-03

Stock Exchange

NYSE

Ticker

ADEX

The PE Ratio as of September 2024 (TTM) for Adit EdTech Acquisition Corp. (ADEX) is -28.32

According to Adit EdTech Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -28.32. This represents a change of 2.09% compared to the average of -1.29 of the last 4 quarters.

Adit EdTech Acquisition Corp. (ADEX) Historical PE Ratio (quarterly & annually)

How has ADEX PE Ratio performed in the past?

The mean historical PE Ratio of Adit EdTech Acquisition Corp. over the last ten years is -21.23. The current -28.32 PE Ratio has changed 13.24% with respect to the historical average. Over the past ten years (40 quarters), ADEX's PE Ratio was at its highest in in the December 2023 quarter at 5.70. The PE Ratio was at its lowest in in the June 2023 quarter at -9.01.

Quarterly (TTM)
Annual

Average

-21.23

Median

-20.89

Minimum

-41.24

Maximum

-4.29

Adit EdTech Acquisition Corp. (ADEX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Adit EdTech Acquisition Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 678.36%

Maximum Annual PE Ratio = -4.29

Minimum Annual Increase = -89.60%

Minimum Annual PE Ratio = -41.24

Quarterly (TTM)
Annual
YearPE RatioChange
2023-20.89230.20%
2022-6.33-81.05%
2021-33.39678.36%
2020-4.29-89.60%

Adit EdTech Acquisition Corp. (ADEX) Average PE Ratio

How has ADEX PE Ratio performed in the past?

The current PE Ratio of Adit EdTech Acquisition Corp. (ADEX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-20.20

5-year avg

-21.23

10-year avg

-21.23

Adit EdTech Acquisition Corp. (ADEX) PE Ratio vs. Peers

How is ADEX’s PE Ratio compared to its peers?

Adit EdTech Acquisition Corp.’s PE Ratio is less than Aurora Acquisition Corp. (8.98), less than Alset Capital Acquisition Corp. (51.33), less than DA32 Life Science Tech Acquisition Corp. (0), greater than Ault Disruptive Technologies Corporation (-45.02), less than ARYA Sciences Acquisition Corp IV (-20.35), greater than Genesis Unicorn Capital Corp. (-158.24), greater than LAMF Global Ventures Corp. I (-152.81), less than Digital Transformation Opportunities Corp. (-3.53), less than Industrial Tech Acquisitions II, Inc. (29.04), less than Conyers Park III Acquisition Corp. (59.72), less than Magnum Opus Acquisition Limited (28.30),

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