Lite Access Technologies Inc.

Lite Access Technologies Inc.verified

LTE.V

Price:

$0.095

Market Cap:

$6.87M

Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro-duct and air-blown fiber in Canada, the United States, and internationally. It operates through three segments: Product, Fibre Optic Installation, and Concrete Cutting. The company offers micro-duct, air-blown fiber, and micro and narrow trench installation services for use in various communication networks. It also provides fiber-optic cables, aerial and low fire hazard micro-ducts, connectors, and sundries, as well as proprietary items, such as a cutting head, shark blades, and the LiteXtend solution, as well as breeze cable blowing machines. The company serves municipa...[Read more]

Industry

Communication Equipment

IPO Date

2017-02-08

Stock Exchange

TSXV

Ticker

LTE.V

The PE Ratio as of September 2024 (TTM) for Lite Access Technologies Inc. (LTE.V) is -3.17

According to Lite Access Technologies Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -3.17. This represents a change of -53.61% compared to the average of -6.83 of the last 4 quarters.

Lite Access Technologies Inc. (LTE.V) Historical PE Ratio (quarterly & annually)

How has LTE.V PE Ratio performed in the past?

The mean historical PE Ratio of Lite Access Technologies Inc. over the last ten years is 85.83. The current -3.17 PE Ratio has changed -469.34% with respect to the historical average. Over the past ten years (40 quarters), LTE.V's PE Ratio was at its highest in in the June 2014 quarter at 203.91. The PE Ratio was at its lowest in in the March 2015 quarter at -22881.25.

Quarterly (TTM)
Annual

Average

85.83

Median

-1.79

Minimum

-26.04

Maximum

854.19

Lite Access Technologies Inc. (LTE.V) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Lite Access Technologies 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 = 317.80%

Maximum Annual PE Ratio = 854.19

Minimum Annual Increase = -301.65%

Minimum Annual PE Ratio = -26.04

Quarterly (TTM)
Annual
YearPE RatioChange
2023-5.43317.80%
2022-1.30-128.12%
20214.62-301.65%
2020-2.29176.54%
2019-0.83-64.68%
2018-2.34-69.84%
2017-7.77-117.09%
201645.48-274.65%
2015-26.04-103.05%

Lite Access Technologies Inc. (LTE.V) Average PE Ratio

How has LTE.V PE Ratio performed in the past?

The current PE Ratio of Lite Access Technologies Inc. (LTE.V) 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

-0.70

5-year avg

-1.04

10-year avg

85.83

Lite Access Technologies Inc. (LTE.V) PE Ratio vs. Peers

How is LTE.V’s PE Ratio compared to its peers?

Lite Access Technologies Inc.’s PE Ratio is greater than Braille Energy Systems Inc. (-4.25), greater than Manganese X Energy Corp. (-4.29), greater than Solar Alliance Energy Inc. (-173.53), greater than Therma Bright Inc. (-8.43), less than CryptoStar Corp. (-2.08),

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