R

Ryde Group Ltd
AMEX:RYDE

Watchlist Manager
Ryde Group Ltd
AMEX:RYDE
Watchlist
Price: 1.3 USD 10.17% Market Closed
Market Cap: $158.1m

P/E

-10.7
Current
231%
More Expensive
vs 3-y average of -3.2

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-10.7
=
Market Cap
$30.4m
/
Net Income
S$-18.7m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-10.7
=
Market Cap
$30.4m
/
Net Income
S$-18.7m

Valuation Scenarios

Ryde Group Ltd is trading above its industry average

If P/E returns to its Industry Average (14.4), the stock would be worth $-1.74 (234% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-240%
Maximum Upside
No Upside Scenarios
Average Downside
237%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -10.7 $1.3
0%
Industry Average 14.4 $-1.74
-234%
Country Average 15 $-1.82
-240%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Peer Comparison

Market Distribution

Lower than 100% of companies in Singapore
Percentile
0th
Based on 553 companies
0th percentile
-10.7
Low
0.1 — 10.4
Typical Range
10.4 — 23.1
High
23.1 —
Distribution Statistics
Singapore
Min 0.1
30th Percentile 10.4
Median 15
70th Percentile 23.1
Max 14 028.2

Ryde Group Ltd
Glance View

Market Cap
158.1m USD
Industry
Road & Rail

Ryde Group Ltd is a SG-based company operating in Ground Transportation industry. The company employs 34 full-time employees The company went IPO on 2024-03-06. Ryde Group Ltd is an investment holding company. The firm through its subsidiaries provide mobility and quick commerce solutions to its consumers. The company is a technology-driven platform that offers mobility and quick commerce solutions to its consumers. The Company’s core business is divided into two categories: mobility and quick commerce. Its mobility business segment provides flexible and scheduled carpooling and ride-hailing services, matching riders with its network of driver partners. Its ride-hailing services allow riders to determine the number of seats they require for the trip, and offers real-time, on-demand bookings as well as advance bookings and multi-stop options. Its different service offerings include RydeX, RydeXL, RydeLUXE, RydeFLASH, RydePET, RydeHIRE, and RydeTAXI services. Its quick commerce business segment is a package delivery booking service, which enables driver partners to accept bookings for package delivery services through its driver partner app.

RYDE Intrinsic Value
0.15 USD
Overvaluation 89%
Intrinsic Value
Price $1.3
R
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett