P/E ratio for Cliq Digital AG (CLIQ.DE)
P/E ratio at the end of 2023: 3.67
According to Cliq Digital AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.14758. At the end of 2023 the company had a P/E ratio of 3.67.
P/E ratio history for Cliq Digital AG from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 3.67 | -30.17% |
| 2022 | 5.26 | -33.97% |
| 2021 | 7.96 | -31.58% |
| 2020 | 11.6 | 61.79% |
| 2019 | 7.19 | 51.14% |
| 2018 | 4.76 | -62.79% |
| 2017 | 12.8 | 15.5% |
| 2016 | 11.1 | 24.51% |
| 2015 | 8.89 | 22.01% |
| 2014 | 7.29 | -14.09% |
| 2013 | 8.48 | -322.22% |
| 2012 | -3.82 | -32.35% |
| 2011 | -5.64 | -140.58% |
| 2010 | 13.9 | 253.1% |
| 2009 | 3.94 | -33.76% |
| 2008 | 5.95 |
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.