Atacadรฃo
CRFB3.SA
#3893
Rank
A$3.86 B
Marketcap
$1.83
Share price
-2.11%
Change (1 day)
-45.31%
Change (1 year)

P/E ratio for Atacadรฃo (CRFB3.SA)

P/E ratio as of November 2024 (TTM): 72.6

According to Atacadรฃo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 72.564. At the end of 2022 the company had a P/E ratio of 17.6.

P/E ratio history for Atacadรฃo from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.6119%
20218.03-43.7%
202014.3-68.83%
201945.7102.77%
201822.625.74%
201717.9

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.