Local Bounti Corporation

Local Bounti Corporationverified

LOCL

Price:

$2.13

Market Cap:

$18.44M

Local Bounti Corporation grows fresh greens and herbs in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.[Read more]

Industry

Agricultural Farm Products

IPO Date

2021-04-19

Stock Exchange

NYSE

Ticker

LOCL

The PE Ratio as of December 2024 (TTM) for Local Bounti Corporation (LOCL) is -0.12

According to Local Bounti Corporation’s latest financial reports and current stock price. The company's current PE Ratio is -0.12. This represents a change of -32.57% compared to the average of -0.18 of the last 4 quarters.

Local Bounti Corporation (LOCL) Historical PE Ratio (quarterly & annually)

How has LOCL PE Ratio performed in the past?

The mean historical PE Ratio of Local Bounti Corporation over the last ten years is -18.78. The current -0.12 PE Ratio has changed -36.11% with respect to the historical average. Over the past ten years (40 quarters), LOCL's PE Ratio was at its highest in in the December 2023 quarter at -0.06. The PE Ratio was at its lowest in in the December 2020 quarter at -21.33.

Quarterly (TTM)
Annual

Average

-18.78

Median

-9.98

Minimum

-53.64

Maximum

-0.13

Local Bounti Corporation (LOCL) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Local Bounti 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 = 86.75%

Maximum Annual PE Ratio = -0.13

Minimum Annual Increase = -90.74%

Minimum Annual PE Ratio = -53.64

Quarterly (TTM)
Annual
YearPE RatioChange
2023-0.13-90.74%
2022-1.43-85.65%
2021-9.98-81.39%
2020-53.6486.75%

Local Bounti Corporation (LOCL) Average PE Ratio

How has LOCL PE Ratio performed in the past?

The current PE Ratio of Local Bounti Corporation (LOCL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-3.85

5-year avg

-18.78

10-year avg

-18.78

Local Bounti Corporation (LOCL) PE Ratio vs. Peers

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

Local Bounti Corporation’s PE Ratio is less than Fresh Del Monte Produce Inc. (0), less than Alico, Inc. (104.49), less than S&W Seed Company (28.95), greater than Adecoagro S.A. (-0.32), less than BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (6.08), less than AgriFORCE Growing Systems Ltd. (7.87), greater than Kalera Public Limited Company (-13.38), greater than Forafric Global PLC (-0.60), greater than AquaBounty Technologies, Inc. (-32.65), less than null (-0.00),

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