REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.
According to REE Automotive Ltd.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.45. At the end of 2022 the company had a P/E ratio of -1.06.
Year | P/E ratio |
---|---|
2023 | -0.45 |
2022 | -1.06 |
2021 | -2.59 |
2020 | -3.85 |
2019 | -228.71 |