As of Q4'25, HOOD's P/E Ratio stands at 41.96, marking a significant recovery from the negative values observed in 2023 and reflecting improved profitability over the most recent quarters. The latest data point shows a stable positive trend compared to the sharp fluctuations seen in previous periods. From Q1'23 to Q4'25, the P/E Ratio for HOOD experienced considerable volatility, starting with negative values as low as -26.27 in Q4'23 before surging to a peak of 123.52 in Q1'24. After this spike, the ratio moderated, settling into a range between 25.88 and 54.09 throughout 2024 and 2025. This trend indicates a transition from losses to profitability, followed by stabilization at a positive valuation level over the observed period.