RMCO
Price:
$2.52
Market Cap:
$38.13M
Royalty Management Holding Corporation operates as a royalty company that identifies and invests in undervalued assets. It acquires and invests in natural resources, patents, intellectual property, and digital assets. The company was founded in 2021 and is based in Fishers, Indiana.
Industry
Asset Management
IPO Date
2021-05-05
Stock Exchange
NASDAQ
Ticker
RMCO
According to Royalty Management Holding Corporation’s latest financial reports and current stock price. The company's current PE Ratio is -126.00. This represents a change of 55.83% compared to the average of -80.86 of the last 4 quarters.
The mean historical PE Ratio of Royalty Management Holding Corporation over the last ten years is -343.08. The current -126.00 PE Ratio has changed 3.57% with respect to the historical average. Over the past ten years (40 quarters), RMCO's PE Ratio was at its highest in in the September 2022 quarter at 1.05K. The PE Ratio was at its lowest in in the June 2023 quarter at -168.33.
Average
-343.08
Median
-91.84
Minimum
-1176.92
Maximum
-11.74
Discovering the peaks and valleys of Royalty Management Holding Corporation 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 = 1.02%
Maximum Annual PE Ratio = -11.74
Minimum Annual Increase = -95.52%
Minimum Annual PE Ratio = -1176.92
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -130.96 | 1.02% |
| 2023 | -11.74 | -77.73% |
| 2022 | -52.71 | -95.52% |
The current PE Ratio of Royalty Management Holding Corporation (RMCO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-65.14
5-year avg
-343.08
10-year avg
-343.08
Royalty Management Holding Corporation’s PE Ratio is less than Pioneer Acquisition I Corp. (105.16), less than Trailblazer Merger Corporation I (-10.82), less than The Marygold Companies, Inc. (-6.91), less than Nuveen New York Select Tax-Free Income Portfolio (29.63), less than Rand Capital Corporation (-6.69), less than Investcorp Credit Management BDC, Inc. (4.63), less than Black Titan Corporation (-3.71), less than FutureTech II Acquisition Corp. (-35.08), less than First Seacoast Bancorp (-23.62), less than Heritage Global Inc. (14.46),
| Company | PE Ratio | Market cap |
|---|---|---|
| 105.16 | $319.49M | |
| -10.82 | $52.63M | |
| -6.91 | $44.96M | |
| 29.63 | $47.69M | |
| -6.69 | $45.68M | |
| 4.63 | $40.94M | |
| -3.71 | $25.80M | |
| -35.08 | $51.57M | |
| -23.62 | $56.64M | |
| 14.46 | $44.82M |
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