GRVE
Price:
$0.0041
Market Cap:
$244.54K
Groove Botanicals Inc is an early-stage company focused on identifying and evaluating potential licensing, development, or commercialization opportunities involving technologies originating from Norwegian universities and research institutions. The company, formerly known as Avalon Oil & Gas, Inc., has previously also focused on personal grooming products with cannabidiol. The company currently has minimal operations and is designated with a shell company risk.
Industry
Specialty Business Services
IPO Date
2012-09-25
Stock Exchange
OTC
Ticker
GRVE
According to Groove Botanicals, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.32. This represents a change of -72.78% compared to the average of -1.18 of the last 4 quarters.
The mean historical PE Ratio of Groove Botanicals, Inc. over the last ten years is 24.94. The current -0.32 PE Ratio has changed -228.32% with respect to the historical average. Over the past ten years (40 quarters), GRVE's PE Ratio was at its highest in in the September 2021 quarter at 45.83. The PE Ratio was at its lowest in in the March 2023 quarter at -702.48.
Average
24.94
Median
-3.94
Minimum
-100.50
Maximum
415.00
Discovering the peaks and valleys of Groove Botanicals, 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 = 1.35%
Maximum Annual PE Ratio = 415.00
Minimum Annual Increase = -26867.50%
Minimum Annual PE Ratio = -100.50
| Year | PE Ratio | Change |
|---|---|---|
| 2026 | -1.63 | 172.22% |
| 2025 | -0.60 | -91.48% |
| 2024 | -7.04 | -82.00% |
| 2023 | -39.13 | 343.48% |
| 2022 | -8.82 | 41.44% |
| 2021 | -6.24 | -93.79% |
| 2020 | -100.50 | -124.22% |
| 2019 | 415.00 | -26867.50% |
| 2017 | -1.55 | 1.35% |
| 2016 | -0.11 | -98.57% |
The current PE Ratio of Groove Botanicals, Inc. (GRVE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-3.09
5-year avg
-11.45
10-year avg
24.94
Groove Botanicals, Inc.’s PE Ratio is greater than Industry Source Consulting, Inc. (-0.33), greater than AREV Life Sciences Global Corp (-1.87), less than Global Hemp Group Inc. (-0.13), less than CannAmerica Brands Corp. (-0.00), less than Legacy Technology Holdings, Inc. (-0.18), greater than Maple Leaf Green World Inc. (-1.32), less than Avivagen Inc. (-0.11), less than Indoor Harvest Corp. (-0.09), less than Levitee Labs Inc. (-0.02), greater than Stemsation International, Inc. (-8.25),
| Company | PE Ratio | Market cap |
|---|---|---|
| -0.33 | $16.76K | |
| -1.87 | $15.88K | |
| -0.13 | $2.43K | |
| -0.00 | $704.00 | |
| -0.18 | $1.72K | |
| -1.32 | $585.76K | |
| -0.11 | $7.77K | |
| -0.09 | $320.57K | |
| -0.02 | $369.15K | |
| -8.25 | $1.15M |
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