Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Billerica, Massachusetts.
P/E ratio for Agrify Corporation (AGFY)
P/E ratio as of 2023: -1.51
According to Agrify Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.51. At the end of 2022 the company had a P/E ratio of -0.11.
P/E ratio history for Agrify Corporation from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -1.51 |
| 2022 | -0.11 |
| 2021 | -81.50 |
| 2020 | -76.60 |
| 2019 | -796.66 |
| 2018 | -2389.99 |