CCC Intelligent Solutions
CCCS
#2293
Rank
$6.51 B
Marketcap
$10.41
Share price
-1.89%
Change (1 day)
-3.34%
Change (1 year)

P/E ratio for CCC Intelligent Solutions (CCCS)

P/E ratio as of October 2024 (TTM): -77.3

According to CCC Intelligent Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -77.2794. At the end of 2022 the company had a P/E ratio of 121.

P/E ratio history for CCC Intelligent Solutions from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022121-570.68%
2021-25.8

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.