P/E ratio for Caisse Régionale de Crédit Agricole du Morbihan (CMO.PA)
P/E ratio at the end of 2022: 3.30
According to Caisse Régionale de Crédit Agricole du Morbihan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.29. At the end of 2022 the company had a P/E ratio of 3.30.
P/E ratio history for Caisse Régionale de Crédit Agricole du Morbihan from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.30 | -28.86% |
| 2021 | 4.64 | -33.96% |
| 2020 | 7.02 | -16.95% |
| 2019 | 8.46 | 45.28% |
| 2018 | 5.82 | 2.74% |
| 2017 | 5.67 | -20.33% |
| 2016 | 7.11 | 53.17% |
| 2015 | 4.64 | -8.74% |
| 2014 | 5.09 | 7.4% |
| 2013 | 4.74 | -82.5% |
| 2012 | 27.1 |
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.