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Latvian (OMX) Tech Sector Analysis
UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies1
- 7D-2.5%
- 3M56.1%
- 1Y61.2%
- YTD36.5%
The Tech industry has stayed flat over the last week. The past year has been better, since the industry has gained 64% in that time.
Sector Valuation and Performance
Has the Latvian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 28 Feb 2026 | €29.1m | €33.8m | €1.7m | 16.7x | 16.7x | 0.9x |
| Mon, 26 Jan 2026 | €24.3m | €25.3m | -€763,990.00 | n/a | -31.8x | 1x |
| Wed, 24 Dec 2025 | €20.1m | €25.3m | -€763,990.00 | n/a | -26.3x | 0.8x |
| Fri, 21 Nov 2025 | €19.1m | €25.3m | -€763,990.00 | n/a | -25x | 0.8x |
| Sun, 19 Oct 2025 | €17.1m | €26.1m | -€820,219.00 | n/a | -20.9x | 0.7x |
| Tue, 16 Sep 2025 | €16.9m | €26.1m | -€820,219.00 | n/a | -20.6x | 0.6x |
| Thu, 14 Aug 2025 | €17.4m | €26.9m | -€383,452.00 | n/a | -45.4x | 0.6x |
| Sat, 12 Jul 2025 | €17.7m | €26.9m | -€383,452.00 | n/a | -46.2x | 0.7x |
| Mon, 09 Jun 2025 | €17.5m | €26.9m | -€383,452.00 | n/a | -45.7x | 0.7x |
| Wed, 07 May 2025 | €17.9m | €28.4m | -€376,202.00 | n/a | -47.5x | 0.6x |
| Fri, 04 Apr 2025 | €19.3m | €28.4m | -€376,202.00 | n/a | -51.3x | 0.7x |
| Sun, 02 Mar 2025 | €18.1m | €28.4m | -€376,202.00 | n/a | -48x | 0.6x |
| Tue, 28 Jan 2025 | €17.2m | €30.2m | -€81,984.00 | n/a | -210.1x | 0.6x |
| Thu, 26 Dec 2024 | €15.3m | €30.2m | -€81,984.00 | n/a | -186.9x | 0.5x |
| Sat, 23 Nov 2024 | €16.8m | €30.2m | -€81,984.00 | n/a | -205.1x | 0.6x |
| Mon, 21 Oct 2024 | €16.3m | €27.1m | -€2,390,773.00 | n/a | -6.8x | 0.6x |
| Wed, 18 Sep 2024 | €14.9m | €27.1m | -€2,390,773.00 | n/a | -6.2x | 0.5x |
| Fri, 16 Aug 2024 | €15.1m | €29.8m | -€947,267.00 | n/a | -16x | 0.5x |
| Sun, 14 Jul 2024 | €15.4m | €29.8m | -€947,267.00 | n/a | -16.3x | 0.5x |
| Tue, 11 Jun 2024 | €16.6m | €29.8m | -€947,267.00 | n/a | -17.6x | 0.6x |
| Thu, 09 May 2024 | €17.9m | €29.6m | -€978,814.00 | n/a | -18.3x | 0.6x |
| Sat, 06 Apr 2024 | €19.3m | €29.6m | -€978,814.00 | n/a | -19.7x | 0.7x |
| Mon, 04 Mar 2024 | €19.7m | €29.6m | -€978,814.00 | n/a | -20.1x | 0.7x |
| Wed, 31 Jan 2024 | €35.7m | €56.2m | -€3,759,652.00 | n/a | -9.5x | 0.6x |
| Fri, 29 Dec 2023 | €36.2m | €56.2m | -€3,759,652.00 | n/a | -9.6x | 0.6x |
| Sun, 26 Nov 2023 | €37.0m | €56.2m | -€3,759,652.00 | n/a | -9.9x | 0.7x |
| Tue, 24 Oct 2023 | €46.6m | €62.3m | €135.0k | 9x | 345x | 0.7x |
| Thu, 21 Sep 2023 | €48.1m | €62.3m | €135.0k | 9.6x | 356x | 0.8x |
| Sat, 19 Aug 2023 | €46.7m | €62.3m | €135.0k | 9.2x | 346.1x | 0.8x |
| Mon, 17 Jul 2023 | €46.3m | €62.0m | €280.7k | 8.7x | 164.9x | 0.7x |
| Wed, 14 Jun 2023 | €50.6m | €62.0m | €280.7k | 9.9x | 180.2x | 0.8x |
| Fri, 12 May 2023 | €55.5m | €65.0m | €1.3m | 9.9x | 41.9x | 0.9x |
| Sun, 09 Apr 2023 | €54.6m | €66.9m | €3.9m | 6.4x | 13.8x | 0.8x |
| Tue, 07 Mar 2023 | €56.3m | €66.9m | €3.9m | 6.7x | 14.3x | 0.8x |
Price to Earnings Ratio
14.3x
Current Industry PE
- There is only one company in the Latvian Information Technology industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 24% per year over the last three years,
- Revenues have also declined 20% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Latvian Tech sector?
| LV Market | 0.63% | |
| Tech | -2.49% | |
| Electronic Equipment and Components | 0% | 0 |
| Communications | -2.49% | |
Industry PE
- Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Communications industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||