P/E ratio for CAE (CAE)
P/E ratio as of April 2024 (TTM): 28.2
According to CAE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.203. At the end of 2022 the company had a P/E ratio of 44.0.
P/E ratio history for CAE from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 44.0 | -51.38% |
| 2021 | 90.6 | -92.42% |
| 2020 | > 1000 | 4484.83% |
| 2019 | 26.1 | 17.92% |
| 2018 | 22.1 | 14.62% |
| 2017 | 19.3 | -5.34% |
| 2016 | 20.4 | 23.34% |
| 2015 | 16.5 | -14.45% |
| 2014 | 19.3 | -1.06% |
| 2013 | 19.5 | 10.05% |
| 2012 | 17.7 | 22.77% |
| 2011 | 14.4 | -26.81% |
| 2010 | 19.7 | 30.44% |
| 2009 | 15.1 | 52.41% |
| 2008 | 9.93 | -57.36% |
| 2007 | 23.3 | -10.83% |
| 2006 | 26.1 | 95.36% |
| 2005 | 13.4 | -417.79% |
| 2004 | -4.20 | -122.68% |
| 2003 | 18.5 | 137.04% |
| 2002 | 7.82 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -35.6 | -226.32% | 🇺🇸 USA |
 Lockheed Martin LMT | 16.8 | -40.45% | 🇺🇸 USA |
 General Dynamics GD | 23.6 | -16.35% | 🇺🇸 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.