Cementir
CEM.MI
#4512
Rank
A$2.75 B
Marketcap
$17.72
Share price
0.73%
Change (1 day)
25.77%
Change (1 year)

P/E ratio for Cementir (CEM.MI)

P/E ratio as of November 2024 (TTM): 11.2

According to Cementir's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2026. At the end of 2022 the company had a P/E ratio of 7.41.

P/E ratio history for Cementir from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.41-47.97%
202114.221.16%
202011.7-24.31%
201915.5111.95%
20187.32-61.99%
201719.363.38%
201611.8-30.83%
201517.029.76%
201413.1-36.14%
201320.63.73%
201219.8-128.85%
2011-68.7

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.