LITT
Price:
$10.24
Market Cap:
$436.35M
Logistics Innovation Technologies Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire businesses serving the senior market or capable of being repositioned to do so. The company was incorporated in 2021 and is based in Atlanta, Georgia.
Industry
Shell Companies
IPO Date
2021-08-12
Stock Exchange
NASDAQ
Ticker
LITT
According to Logistics Innovation Technologies Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 42.67. This represents a change of -5.67% compared to the average of 45.23 of the last 4 quarters.
The mean historical PE Ratio of Logistics Innovation Technologies Corp. over the last ten years is 10.03. The current 42.67 PE Ratio has changed 42.46% with respect to the historical average. Over the past ten years (40 quarters), LITT's PE Ratio was at its highest in in the September 2021 quarter at 69.94. The PE Ratio was at its lowest in in the June 2021 quarter at -4.42.
Average
10.03
Median
10.03
Minimum
-0.40
Maximum
20.45
Discovering the peaks and valleys of Logistics Innovation Technologies 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 = 0%
Maximum Annual PE Ratio = 20.45
Minimum Annual Increase = -5209.81%
Minimum Annual PE Ratio = -0.40
| Year | PE Ratio | Change |
|---|---|---|
| 2022 | 20.45 | -5209.81% |
The current PE Ratio of Logistics Innovation Technologies Corp. (LITT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
10.03
5-year avg
10.03
10-year avg
10.03
Logistics Innovation Technologies Corp.’s PE Ratio is greater than Tailwind International Acquisition Corp. (3.30), greater than Pontem Corporation (12.29), greater than Lead Edge Growth Opportunities, Ltd (40.52), greater than VPC Impact Acquisition Holdings II (-186.49), less than Alliance Entertainment Holding Corporation (17.75K), less than Motive Capital Corp II (46.29), greater than Churchill Capital Corp V (26.97), greater than Summit Healthcare Acquisition Corp. (-408.70), greater than Churchill Capital Corp VI (24.78), greater than Pine Technology Acquisition Corp. (-176.37),
| Company | PE Ratio | Market cap |
|---|---|---|
| 3.30 | $435.99M | |
| 12.29 | $441.73M | |
| 40.52 | $440.74M | |
| -186.49 | $328.68M | |
| 17.75K | $348.04M | |
| 46.29 | $448.48M | |
| 26.97 | $283.54M | |
| -408.70 | $334.75M | |
| 24.78 | $433.13M | |
| -176.37 | $438.58M |
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