Forza X1, Inc.

Forza X1, Inc.verified

FRZA

Price:

$0.38

Market Cap:

$5.99M

Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. The company was incorporated in 2021 and is based in Fort Pierce, Florida. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co.[Read more]

Industry

Auto - Recreational Vehicles

IPO Date

2022-08-12

Stock Exchange

NASDAQ

Ticker

FRZA

The PE Ratio as of July 2024 (TTM) for Forza X1, Inc. (FRZA) is -1.19

According to Forza X1, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -1.19. This represents a change of -46.92% compared to the average of -2.24 of the last 4 quarters.

Forza X1, Inc. (FRZA) Historical PE Ratio (quarterly & annually)

How has FRZA PE Ratio performed in the past?

The mean historical PE Ratio of Forza X1, Inc. over the last ten years is -25.79. The current -1.19 PE Ratio has changed 361.35% with respect to the historical average. Over the past ten years (40 quarters), FRZA's PE Ratio was at its highest in in the December 2023 quarter at -1.51. The PE Ratio was at its lowest in in the March 2021 quarter at -975.67.

Quarterly (TTM)
Annual

Average

-25.79

Median

-2.46

Minimum

-98.26

Maximum

0

Forza X1, Inc. (FRZA) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Forza X1, Inc. 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 = 0

Minimum Annual Increase = -Infinity%

Minimum Annual PE Ratio = -98.26

Quarterly (TTM)
Annual
YearPE RatioChange
2023-1.21-67.50%
2022-3.71-96.23%
2021-98.26-Infinity%

Forza X1, Inc. (FRZA) Average PE Ratio

How has FRZA PE Ratio performed in the past?

The current PE Ratio of Forza X1, Inc. (FRZA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-34.39

5-year avg

-25.79

10-year avg

-25.79

Forza X1, Inc. (FRZA) PE Ratio vs. Peers

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

Forza X1, Inc.’s PE Ratio is greater than EZGO Technologies Ltd. (-21.14), less than Vision Marine Technologies Inc. (-0.52), less than Arcimoto, Inc. (-0.07), less than Micromobility.com Inc. (-0.01), less than Twin Vee Powercats Co. (0), less than Brunswick Corporation (-0.54), less than REE Automotive Ltd. (12.73), less than LCI Industries (-0.39), less than Curtiss Motorcycles Company, Inc. (26.90), greater than Marine Products Corporation (-8.61), less than MasterCraft Boat Holdings, Inc. (9.07), less than null (7.71),

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