NLIT
Price:
$10.31
Market Cap:
$4.38M
Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2021-08-18
Stock Exchange
NASDAQ
Ticker
NLIT
According to Northern Lights Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 59.94. This represents a change of 2.20% compared to the average of 2.60 of the last 4 quarters.
The mean historical PE Ratio of Northern Lights Acquisition Corp. over the last ten years is 17.70. The current 59.94 PE Ratio has changed 33.76% with respect to the historical average. Over the past ten years (40 quarters), NLIT's PE Ratio was at its highest in in the December 2021 quarter at 1.04K. The PE Ratio was at its lowest in in the June 2021 quarter at -21.11.
Average
17.70
Median
-0.52
Minimum
-3.50
Maximum
57.34
Discovering the peaks and valleys of Northern Lights Acquisition 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 = 264.64%
Maximum Annual PE Ratio = 57.34
Minimum Annual Increase = -101.67%
Minimum Annual PE Ratio = -3.50
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -0.52 | -85.22% |
| 2023 | -3.50 | 264.64% |
| 2022 | -0.96 | -101.67% |
| 2021 | 57.34 | 58.62% |
The current PE Ratio of Northern Lights Acquisition Corp. (NLIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-1.66
5-year avg
17.70
10-year avg
17.70
Northern Lights Acquisition Corp.’s PE Ratio is less than Frontier Acquisition Corp. (139.26), less than UTA Acquisition Corporation (0), less than FinTech Evolution Acquisition Group (66.23), greater than Jaws Mustang Acquisition Corporation (0.82), greater than Corsair Partnering Corporation (11.18), less than LDH Growth Corp I (0), greater than Social Capital Suvretta Holdings Corp. II (41.82), greater than Sculptor Acquisition Corp I (6.90), greater than Waverley Capital Acquisition Corp. 1 (44.29), less than Zalatoris II Acquisition Corp. (159.27),
| Company | PE Ratio | Market cap |
|---|---|---|
| 139.26 | $299.10M | |
| 0 | $306.91M | |
| 66.23 | $348.80M | |
| 0.82 | $306.45M | |
| 11.18 | $308.38M | |
| 0 | $293.54M | |
| 41.82 | $330.22M | |
| 6.90 | $302.45M | |
| 44.29 | $280.14M | |
| 159.27 | $132.65M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Northern Lights Acquisition Corp. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Northern Lights Acquisition Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Northern Lights Acquisition Corp.'s PE Ratio?
How is the PE Ratio calculated for Northern Lights Acquisition Corp. (NLIT)?
What is the highest PE Ratio for Northern Lights Acquisition Corp. (NLIT)?
What is the 3-year average PE Ratio for Northern Lights Acquisition Corp. (NLIT)?
What is the 5-year average PE Ratio for Northern Lights Acquisition Corp. (NLIT)?
How does the current PE Ratio for Northern Lights Acquisition Corp. (NLIT) compare to its historical average?