Corero Network Security
CNS.L
#8803
Rank
A$0.20 B
Marketcap
$0.40
Share price
2.28%
Change (1 day)
148.80%
Change (1 year)

P/E ratio for Corero Network Security (CNS.L)

P/E ratio at the end of 2022: 95.8

According to Corero Network Security's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20750.7. At the end of 2022 the company had a P/E ratio of 95.8.

P/E ratio history for Corero Network Security from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202295.8147.7%
202138.7-436.6%
2020-11.5209.08%
2019-3.72-58.65%
2018-8.99345.32%
2017-2.02104.47%
2016-0.9872-35.97%
2015-1.5442.14%
2014-1.08-190.91%
20131.19-148.95%
2012-2.44-63.85%
2011-6.74-195.85%
20107.04-520.81%
2009-1.6756.75%
2008-1.0773.46%
2007-0.6149-98.7%
2006-47.34529.22%
2005-1.02-33.53%
2004-1.5431.73%
2003-1.17-19.88%
2002-1.46-38.69%
2001-2.38

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.