Amplify Small-Mid Cap Equity ETF (SMAP) P/E Ratio History
Deep ValueTrading at -241.0x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2022–2023
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P/E Ratio Analysis
As of June 22, 2026, Amplify Small-Mid Cap Equity ETF (SMAP) trades at a price-to-earnings ratio of -241.0x, with a stock price of $26.50 and trailing twelve-month earnings per share of $-0.36.
The current P/E is 130% below its 5-year average of 803.9x. Over the past five years, SMAP's P/E has ranged from a low of 134.8x to a high of 1974.1x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.6x, SMAP trades at a 1866% discount to its sector peers. The sector includes 783 companies with P/E ratios ranging from 0.0x to 196.5x.
Relative to the broader market, SMAP trades at a notable discount to the S&P 500 median P/E of 24.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our SMAP DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
SMAP Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
SMAP P/E vs Peers
Consumer, media and entertainment SPACs peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 218.0 | - | +419%Best | |
| $4B | 42.5Lowest | 0.77Best | +200% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
SMAP Historical P/E Data (2022–2023)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2023 Q2 | Jun 30 2023 | $10.66 | $0.01 | 1974.1x | +146% |
| FY2023 Q1 | Mar 31 2023 | $10.38 | $0.08 | 134.8x | -83% |
| FY2022 Q4 | Dec 31 2022 | $10.21 | $0.03 | 302.8x | -62% |
Average P/E for displayed period: 803.9x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
4+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SMAP — Frequently Asked Questions
Quick answers to the most common questions about buying SMAP stock.
What is SMAP's P/E ratio?
Amplify Small-Mid Cap Equity ETF (SMAP) trailing twelve-month P/E ratio is -241.0x, based on TTM diluted EPS of $-0.36. The 5-year average P/E is 803.9x and the historical range spans 134.8x to 1974.1x.
Is SMAP stock overvalued or undervalued?
SMAP trades at -241.0x P/E, below its 5-year average of 803.9x. At the 0th percentile of its historical range (134.8x–1974.1x), the stock is priced at a discount to its own history.
Is SMAP stock expensive?
No, SMAP is not expensive on a historical basis. The current P/E of -241.0x is below the 5-year average of 803.9x and sits at the 0th percentile of its valuation range.
What is SMAP's historical P/E range?
Over the past 5 years, SMAP's P/E ratio has ranged from 134.8x to 1974.1x, with a median of 302.8x and an average of 803.9x. The current P/E of -241.0x places the stock at the 0th percentile of this range. Full historical data spans 2022–2023.
How does SMAP's P/E compare to the S&P 500?
SMAP trades at -241.0x P/E versus the S&P 500 median of 24.3x. The 1092% discount to the market suggests lower growth expectations or perceived higher risk.
How does SMAP's valuation compare to Financial Services peers?
Amplify Small-Mid Cap Equity ETF P/E of -241.0x compares to the Financial Services sector median of 13.6x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is SMAP's PEG ratio?
SMAP PEG ratio is N/A. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is SMAP's earnings yield?
SMAP earnings yield is N/A, the inverse of its -241.0x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.