CAE
CAE
#2549
Rank
$5.61 B
Marketcap
$17.60
Share price
-6.28%
Change (1 day)
-15.63%
Change (1 year)
Categories

P/E ratio for CAE (CAE)

P/E ratio as of October 2024 (TTM): 26.1

According to CAE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.0768. At the end of 2022 the company had a P/E ratio of 44.0.

P/E ratio history for CAE from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202244.0-51.38%
202190.6-92.42%
2020> 10004484.83%
201926.117.92%
201822.114.62%
201719.3-5.34%
201620.423.34%
201516.5-14.45%
201419.3-1.06%
201319.510.05%
201217.722.77%
201114.4-26.81%
201019.730.44%
200915.152.41%
20089.93-57.36%
200723.3-10.83%
200626.195.36%
200513.4-417.79%
2004-4.20-122.68%
200318.5137.04%
20027.82

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-31.8-221.83%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2-7.35%๐Ÿ‡บ๐Ÿ‡ธ USA
19.9-23.77%๐Ÿ‡บ๐Ÿ‡ธ 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.