According to Colbรบn's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.52681. At the end of 2022 the company had a P/E ratio of 6.10.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.10 | 133.05% |
2021 | 2.62 | -86.8% |
2020 | 19.8 | 37.11% |
2019 | 14.5 | -3.23% |
2018 | 14.9 | 4.25% |
2017 | 14.3 | -16.85% |
2016 | 17.2 | -16.08% |
2015 | 20.5 | -63.89% |
2014 | 56.9 | -10.48% |
2013 | 63.6 | -34.21% |
2012 | 96.6 | -88.72% |
2011 | 857 |
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.