Research Frontiers Incorporated

REFR Technology Electronic Components

Research Frontiers Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $1.1 million, down 16.0% from fiscal 2024.

Revenue
−78.6%
EPS
0.00%
Free cash flow
−208.1%

Quarter to September 2026, against a year earlier

0.36 0.01 −2.70%
Market cap
$12.9M
P/E
0.0×
Fwd P/E
−22.9×
Dividend yield
—
F-score
3/9
Altman Z
−61.46
Beneish M
n/a
Dividend safety
n/a

Research Frontiers Incorporated (REFR) P/E ratio

Alert me on P/E ratio

Research Frontiers Incorporated has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 0.0× (November 2026) — the current reading is the highest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 0.0× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 0.0×
Ten-year median 0.0×
Current reading's percentile 100

P/E ratio against peers

Company P/E ratio
ELTK Eltek Ltd. compare n/m
MSAI MultiSensor AI Holdings, Inc. compare n/m
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GAUZ Gauzy Ltd. compare n/m
OST Ostin Technology Group Co., Ltd. compare n/m
REFR Research Frontiers Incorporated n/m
WETH Wetouch Technology Inc. compare 1.1×
NEON Neonode Inc. compare 1.2×
DSWL Deswell Industries, Inc. compare 5.1×
Electronic Components industry median 24.8×
Technology sector median 25.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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