FRLA
Price:
$11.3501
Market Cap:
$71.19M
Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Metuchen, New Jersey.[Read more]
Industry
Shell Companies
IPO Date
2021-12-27
Stock Exchange
NASDAQ
Ticker
FRLA
According to Fortune Rise Acquisition Corporation’s latest financial reports and current stock price. The company's current PE Ratio is -14.01. This represents a change of -117.81% compared to the average of 78.68 of the last 4 quarters.
The mean historical PE Ratio of Fortune Rise Acquisition Corporation over the last ten years is -1344.37. The current -14.01 PE Ratio has changed 4.21% with respect to the historical average. Over the past ten years (40 quarters), FRLA's PE Ratio was at its highest in in the September 2023 quarter at 454.99. The PE Ratio was at its lowest in in the June 2021 quarter at -66981.93.
Average
-1344.37
Median
-969.99
Minimum
-2795.57
Maximum
-267.55
Discovering the peaks and valleys of Fortune Rise Acquisition Corporation 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 = 188.20%
Maximum Annual PE Ratio = -267.55
Minimum Annual Increase = -90.43%
Minimum Annual PE Ratio = -2795.57
Year | PE Ratio | Change |
---|---|---|
2023 | -267.55 | -90.43% |
2022 | -2795.57 | 188.20% |
The current PE Ratio of Fortune Rise Acquisition Corporation (FRLA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-1344.37
5-year avg
-1344.37
10-year avg
-1344.37
Fortune Rise Acquisition Corporation’s PE Ratio is less than Magnum Opus Acquisition Limited (28.30), less than Conyers Park III Acquisition Corp. (59.72), less than Industrial Tech Acquisitions II, Inc. (29.04), less than Energem Corp. (0.03), less than Digital Transformation Opportunities Corp. (-3.04), greater than LAMF Global Ventures Corp. I (-152.81), greater than Genesis Unicorn Capital Corp. (-158.24),
Company | PE Ratio | Market cap |
---|---|---|
28.30 | $125.17M | |
59.72 | $459.64M | |
29.04 | $61.99M | |
0.03 | $64.91M | |
-3.04 | $262.55M | |
-152.81 | $101.31M | |
-158.24 | $100.65M |
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