According to CorEnergy Infrastructure Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.00933962. At the end of 2022 the company had a P/E ratio of -1.61.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.61 | -22.95% |
2021 | -2.09 | 603.68% |
2020 | -0.2965 | -99.74% |
2019 | -115 | -1091.15% |
2018 | 11.6 | -37.32% |
2017 | 18.5 | 13.22% |
2016 | 16.3 | -5.54% |
2015 | 17.3 | -43.55% |
2014 | 30.6 | -17.19% |
2013 | 36.9 | 726.34% |
2012 | 4.47 | -82.82% |
2011 | 26.0 | 473.42% |
2010 | 4.53 | -100% |
2009 | > 1000 | -4.5199944768036E+18% |
2008 | -1.62 | -108.35% |
2007 | 19.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -51.4 | 550,391.35% | ๐บ๐ธ USA |
![]() | -34.4 | 368,223.34% | ๐บ๐ธ USA |
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.