According to Champion Iron's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.74843. At the end of 2024 the company had a P/E ratio of 16.5.
Year | P/E ratio | Change |
---|---|---|
2024 | 16.5 | -7.46% |
2023 | 17.8 | 148.69% |
2022 | 7.16 | 34.51% |
2021 | 5.32 | -35.71% |
2020 | 8.28 | -27.09% |
2019 | 11.4 | -283.53% |
2018 | -6.18 | -61.35% |
2017 | -16.0 | 220% |
2016 | -5.00 | 130.77% |
2015 | -2.17 | 93.45% |
2014 | -1.12 | -80.62% |
2013 | -5.78 |
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.