Socket Mobile (SCKT) has a P/E ratio of -0.36, below the Technology sector average of 27.8.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Socket Mobile (SCKT) currently reports a P/E ratio of -0.36. That is below the Technology sector average of 27.8. Use the charts on this page to explore Socket Mobile's P/E ratio history and peer comparisons.
Socket Mobile's P/E ratio of -0.36 is lower than the Technology sector average of 27.8. That is roughly 101.3% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Socket Mobile's market price to a fundamental measure such as earnings, sales, or book value. At -0.36, SCKT can look expensive or cheap only in context — versus its own history, growth rate, and Technology peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of -0.36, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 27.8. From there, open related valuation or income-statement pages for Socket Mobile, and consider following SCKT for alerts when major investors trade the stock.
Socket Mobile is classified in the Technology sector. On P/E ratio, it currently shows -0.36 versus a sector average near 27.8. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing SCKT with unrelated industries.