Clas Ohlson AB
CLAS-B.ST
#5495
Rank
C$1.37 B
Marketcap
$21.76
Share price
-1.02%
Change (1 day)
49.39%
Change (1 year)

P/E ratio for Clas Ohlson AB (CLAS-B.ST)

P/E ratio as of September 2024 (TTM): 17.7

According to Clas Ohlson AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.744. At the end of 2024 the company had a P/E ratio of 16.8.

P/E ratio history for Clas Ohlson AB from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202416.8-37.88%
202327.199.61%
202213.60.23%
202113.6-8.91%
202014.9-78.71%
201969.9327.32%
201816.4-15.53%
201719.4-28.27%
201627.038.23%
201519.5-10.75%
201421.930.44%
201316.84.49%
201216.1-5.96%
201117.1-10.35%
201019.013.88%
200916.79.74%
200815.2-41.23%
200725.9-6.53%
200627.7-11.93%
200531.526.66%
200424.923.19%
200320.2

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.