Electrameccanica Vehicles Corp.

Electrameccanica Vehicles Corp.verified

SOLO

Price:

$0.2122

Market Cap:

$25.36M

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.[Read more]

Industry

Auto - Manufacturers

IPO Date

2018-08-09

Stock Exchange

NASDAQ

Ticker

SOLO

The PE Ratio as of September 2024 (TTM) for Electrameccanica Vehicles Corp. (SOLO) is -0.44

According to Electrameccanica Vehicles Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -0.44. This represents a change of -61.82% compared to the average of -1.16 of the last 4 quarters.

Electrameccanica Vehicles Corp. (SOLO) Historical PE Ratio (quarterly & annually)

How has SOLO PE Ratio performed in the past?

The mean historical PE Ratio of Electrameccanica Vehicles Corp. over the last ten years is -36.01. The current -0.44 PE Ratio has changed 22.78% with respect to the historical average. Over the past ten years (40 quarters), SOLO's PE Ratio was at its highest in in the June 2019 quarter at 11.64. The PE Ratio was at its lowest in in the March 2021 quarter at -673.72.

Quarterly (TTM)
Annual

Average

-36.01

Median

-5.73

Minimum

-255.98

Maximum

-0.58

Electrameccanica Vehicles Corp. (SOLO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Electrameccanica Vehicles 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 = 33.39%

Maximum Annual PE Ratio = -0.58

Minimum Annual Increase = -90.66%

Minimum Annual PE Ratio = -255.98

Quarterly (TTM)
Annual
YearPE RatioChange
2023-0.6920.64%
2022-0.58-90.66%
2021-6.167.58%
2020-5.7333.39%
2019-4.30-18.30%
2018-5.26-71.98%
2017-18.76-29.45%
2016-26.59-89.61%

Electrameccanica Vehicles Corp. (SOLO) Average PE Ratio

How has SOLO PE Ratio performed in the past?

The current PE Ratio of Electrameccanica Vehicles Corp. (SOLO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-2.48

5-year avg

-3.49

10-year avg

-36.01

Electrameccanica Vehicles Corp. (SOLO) PE Ratio vs. Peers

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

Electrameccanica Vehicles Corp.’s PE Ratio is greater than GreenPower Motor Company Inc. (-1.68), less than Workhorse Group Inc. (-0.11), greater than Cenntro Electric Group Limited (-0.77), less than Volcon, Inc. (-0.01), greater than Lordstown Motors Corp. (-1.05), less than Canoo Inc. (-0.27), less than Li Auto Inc. (20.09), less than Fisker Inc. (-0.03), greater than Lucid Group, Inc. (-2.96), greater than Rivian Automotive, Inc. (-1.80), greater than Polestar Automotive Holding UK PLC (-2.54), less than Arrival (-0.00), less than Faraday Future Intelligent Electric Inc. (-0.07), less than Mullen Automotive, Inc. (-0.07),

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