P/E ratio for Cable One (CABO)
P/E ratio as of April 2024 (TTM): 21.5
According to Cable One's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5065. At the end of 2022 the company had a P/E ratio of 18.3.
P/E ratio history for Cable One from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.3 | -49.61% |
| 2021 | 36.4 | -15.75% |
| 2020 | 43.2 | -8.84% |
| 2019 | 47.3 | 67.3% |
| 2018 | 28.3 | 66.53% |
| 2017 | 17.0 | -52.91% |
| 2016 | 36.1 | 30.65% |
| 2015 | 27.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Vonage Holdings Corp. VG | N/A | N/A | 🇺🇸 USA |
 RigNet RNET | N/A | N/A | 🇺🇸 USA |
 Cogent Communications
CCOI | 2.65 | -87.68% | 🇺🇸 USA |
 GTT Communications
GTT | N/A | N/A | 🇺🇸 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.