Latest Ratios: P/E Ratio -57.3x · EV/EBITDA N/A · ROE -11.0%. (2023–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Market Cap | $43M | $21M | $73M | $42M |
| Enterprise Value | $42M | $20M | $72M | $41M |
| P/E Ratio → | -57.27 | — | 45.87 | 53.21 |
| P/S Ratio | — | — | — | — |
| P/B Ratio | 0.00 | 0.00 | 1.03 | 0.61 |
| P/FCF | — | — | — | — |
| P/OCF | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| EV / Revenue | — | — | — | — |
| EV / EBITDA | — | — | 25.19 | — |
| EV / EBIT | — | — | 25.19 | — |
| EV / FCF | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Gross Margin | — | — | — | — |
| Operating Margin | — | — | — | — |
| Net Profit Margin | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ROE | -11.0% | -11.0% | 3.0% | 1.2% |
| ROA | -8.1% | -8.1% | 2.9% | 1.1% |
| ROIC | -15.4% | -15.4% | -0.9% | -0.1% |
| ROCE | -19.5% | -19.5% | — | -0.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Debt / Equity | — | — | 0.01 | — |
| Debt / EBITDA | — | — | 0.18 | — |
| Net Debt / Equity | — | -0.00 | -0.01 | -0.01 |
| Net Debt / EBITDA | — | — | -0.37 | — |
| Debt / FCF | — | — | — | — |
| Interest Coverage | — | — | — | — |
Net cash position: cash ($1M) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Current Ratio | 0.01 | 0.01 | 0.00 | 3.10 |
| Quick Ratio | 0.01 | 0.01 | 0.00 | 3.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 | 2.63 |
| Asset Turnover | — | — | — | — |
| Inventory Turnover | — | — | — | — |
| Days Sales Outstanding | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Dividend Yield | — | — | — | — |
| Payout Ratio | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Earnings Yield | — | — | 2.2% | 1.9% |
| FCF Yield | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $2M | $7M | $4M |
Limited Operational Runway
According to recent SEC filings, QETA's P/E ratio of -59.85 highlights the lack of operational earnings, as the market currently prices the equity near its trust value per share rather than assigning any premium for the sponsor's ability to identify a high-quality fintech acquisition target.
The negative P/E ratio is a structural artifact of the SPAC model and provides no insight into future earnings potential. Investors should monitor the discount to trust value, as a widening gap may suggest increasing market skepticism regarding the sponsor's ability to close a deal before the search deadline.
Based on reported financial statements, QETA's ROIC has trended into negative territory, reaching -15.5% in 2025Q4, which reflects the erosion of invested capital through administrative expenses and compliance costs rather than any productive deployment of funds into a revenue-generating business model.
The consistent decay in returns on capital is expected for a shell company, but the magnitude of the decline warrants investigation into the efficiency of the sponsor's search process. This trend suggests that the longer the search persists, the more the underlying equity value is depleted by fixed overhead.
As reported in 2026Q1 financial statements, the company's current ratio has deteriorated to a precarious 0.01, indicating that liquid assets are insufficient to cover short-term liabilities without reliance on external sponsor support or the successful completion of a business combination to replenish the balance sheet.
This extreme liquidity position suggests that the company is operating with minimal margin for error regarding its administrative obligations. Investors should monitor whether the sponsor provides additional capital, as the current ratio implies a high risk of insolvency if the search period is extended further.
As indicated by historical financial data, the most commonly misapplied metric for QETA is the P/E ratio, which obscures the company's status as a cash-equivalent vehicle by attempting to measure earnings that do not exist in a pre-revenue shell company structure.
Analysts should instead focus on the net cash held in trust and the redemption rate, as these metrics provide a more accurate assessment of the capital available for a potential merger. Relying on earnings-based multiples in this context is fundamentally flawed and may lead to incorrect conclusions regarding the company's valuation.
Includes 30+ ratios · 3 years · Updated daily
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Quick answers to the most common questions about buying QETA stock.
Quetta Acquisition Corporation's current P/E ratio is -57.3x. The historical average is 49.5x.
Quetta Acquisition Corporation's return on equity (ROE) is -11.0%. The historical average is -2.3%.
Based on historical data, Quetta Acquisition Corporation is trading at a P/E of -57.3x. Compare with industry peers and growth rates for a complete picture.