Calfrac Well Services
CFW.TO
#7710
Rank
A$0.37 B
Marketcap
$4.36
Share price
0.76%
Change (1 day)
-16.50%
Change (1 year)

P/E ratio for Calfrac Well Services (CFW.TO)

P/E ratio as of November 2024 (TTM): 2.05

According to Calfrac Well Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.05401. At the end of 2023 the company had a P/E ratio of 1.90.

P/E ratio history for Calfrac Well Services from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20231.90

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.