Capricorn Energy
CNE.L
#8692
Rank
A$0.26 B
Marketcap
A$3.82
Share price
0.00%
Change (1 day)
-24.57%
Change (1 year)

P/E ratio for Capricorn Energy (CNE.L)

P/E ratio at the end of 2024: 27.8

According to Capricorn Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1819.99. At the end of 2024 the company had a P/E ratio of 27.8.

P/E ratio history for Capricorn Energy from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202427.8-1038.61%
2023-2.96-89.49%
2022-28.2-2216.77%
20211.33-133.02%
2020-4.04-124.47%
201916.5-1723.93%
2018-1.02-116.65%
20176.10-132.93%
2016-18.5711.72%
2015-2.28-34.65%
2014-3.49-7.71%
2013-3.78-112.01%
201231.57572.29%
20110.4105-87.79%
20103.36-97.22%
2009121208.67%
200839.22854.1%
20071.33-146.54%
2006-2.85-181.82%
20053.49-112.43%
2004-28.0-862.85%
20033.68-39.01%
20026.0344.12%
20014.18

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.