P/E ratio for Ceres Power (CWR.L)
P/E ratio at the end of 2021: -81.6
According to Ceres Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1456.48. At the end of 2021 the company had a P/E ratio of -81.6.
P/E ratio history for Ceres Power from 2005 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -81.6 | -31.98% |
| 2020 | -120 | 139.42% |
| 2019 | -50.1 | 231.99% |
| 2018 | -15.1 | 37.21% |
| 2017 | -11.0 | 69.93% |
| 2016 | -6.47 | 15.72% |
| 2015 | -5.59 | 26.36% |
| 2014 | -4.42 | 144.39% |
| 2013 | -1.81 | 946.35% |
| 2012 | -0.1730 | -90.25% |
| 2011 | -1.78 | -62.25% |
| 2010 | -4.70 | -62.65% |
| 2009 | -12.6 | -19.05% |
| 2008 | -15.6 | -29.37% |
| 2007 | -22.0 | -11.03% |
| 2006 | -24.7 | 89.4% |
| 2005 | -13.1 |
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.