Cintas is an American company specialized in the manufacture and sale of workwear and uniforms
P/E ratio for Cintas (CTAS)
P/E ratio as of June 2024 (TTM): 49.5
According to Cintas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.4993. At the end of 2022 the company had a P/E ratio of 36.0.
P/E ratio history for Cintas from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.0 | -10.69% |
| 2021 | 40.3 | 4.5% |
| 2020 | 38.6 | 26.05% |
| 2019 | 30.6 | 58.72% |
| 2018 | 19.3 | -36.13% |
| 2017 | 30.2 | 27.79% |
| 2016 | 23.6 | 48.46% |
| 2015 | 15.9 | -24.92% |
| 2014 | 21.2 | -6.43% |
| 2013 | 22.7 | 34.06% |
| 2012 | 16.9 | -3.38% |
| 2011 | 17.5 | -8.66% |
| 2010 | 19.2 | -10.38% |
| 2009 | 21.4 | 92.26% |
| 2008 | 11.1 | -30.9% |
| 2007 | 16.1 | -16.96% |
| 2006 | 19.4 | -16.64% |
| 2005 | 23.2 | -14.17% |
| 2004 | 27.1 | -18.4% |
| 2003 | 33.2 | 4.43% |
| 2002 | 31.8 | -10.64% |
| 2001 | 35.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Gentex GNTX | 20.3 | -58.95% | 🇺🇸 USA |
 Healthcare Services Group HCSG | 24.4 | -50.73% | 🇺🇸 USA |
 UniFirst UNF | 27.9 | -43.65% | 🇺🇸 USA |
 Aramark ARMK | 15.0 | -69.66% | 🇺🇸 USA |
 ABM Industries
ABM | 13.0 | -73.67% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.