Arrowroot Acquisition Corp.

Arrowroot Acquisition Corp.verified

ARRWU

Price:

$17

Market Cap:

$199.05M

Arrowroot Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire a business focusing on the enterprise software sector. The company was incorporated in 2020 and is based in Marina Del Rey, California.[Read more]

Industry

Shell Companies

IPO Date

2021-03-02

Stock Exchange

NASDAQ

Ticker

ARRWU

The PE Ratio as of November 2024 (TTM) for Arrowroot Acquisition Corp. (ARRWU) is 67.46

According to Arrowroot Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 67.46. This represents a change of 94.31% compared to the average of 34.72 of the last 4 quarters.

Arrowroot Acquisition Corp. (ARRWU) Historical PE Ratio (quarterly & annually)

How has ARRWU PE Ratio performed in the past?

The mean historical PE Ratio of Arrowroot Acquisition Corp. over the last ten years is 13.07. The current 67.46 PE Ratio has changed 51.50% with respect to the historical average. Over the past ten years (40 quarters), ARRWU's PE Ratio was at its highest in in the December 2021 quarter at 1.46K. The PE Ratio was at its lowest in in the March 2023 quarter at -83.72.

Quarterly (TTM)
Annual

Average

13.07

Median

56.93

Minimum

-215.80

Maximum

154.24

Arrowroot Acquisition Corp. (ARRWU) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Arrowroot 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 = 0%

Maximum Annual PE Ratio = 154.24

Minimum Annual Increase = -738.12%

Minimum Annual PE Ratio = -215.80

Quarterly (TTM)
Annual
YearPE RatioChange
2023-215.80-738.12%
202233.82-57.75%
202180.04-48.11%

Arrowroot Acquisition Corp. (ARRWU) Average PE Ratio

How has ARRWU PE Ratio performed in the past?

The current PE Ratio of Arrowroot Acquisition Corp. (ARRWU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-33.98

5-year avg

13.07

10-year avg

13.07

Arrowroot Acquisition Corp. (ARRWU) PE Ratio vs. Peers

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

Arrowroot Acquisition Corp.’s PE Ratio is greater than Anzu Special Acquisition Corp I (-3.40), less than Atlantic Coastal Acquisition Corp. (69.11), greater than DHC Acquisition Corp. (-1.42), greater than Aurora Acquisition Corp. (8.98), greater than Digital Transformation Opportunities Corp. (-3.04),

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