P/E ratio for CTS Corporation (CTS)

P/E ratio history for CTS Corporation from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Sanmina SANM	15.4	-49.77%	🇺🇸 USA
Vishay Intertechnology VSH	6.04	-80.34%	🇺🇸 USA
Plexus PLXS	32.6	6.07%	🇺🇸 USA
Jabil JBL	22.4	-27.28%	🇺🇸 USA
Benchmark Electronics BHE	26.9	-12.45%	🇺🇸 USA
Celestica CLS	50.8	65.18%	🇨🇦 Canada
Littelfuse LFUS	20.7	-32.55%	🇺🇸 USA
IEC Electronics IEC	N/A	N/A	🇺🇸 USA
Vishay Precision Group VPG	9.24	-69.94%	🇺🇸 USA
Knowles KN	-8.88	-128.86%	🇺🇸 USA

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.