Caesarstone
CSTE
#5693
Rank
$0.32 B
Marketcap
$9.47
Share price
-1.15%
Change (1 day)
-24.06%
Change (1 year)

P/E ratio for Caesarstone (CSTE)

P/E ratio as of October 2022 (TTM): 16.9

According to Caesarstone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.9107. At the end of 2021 the company had a P/E ratio of 21.8.

P/E ratio history for Caesarstone from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202121.8-64.47%
202061.454.78%
201939.7110.26%
201818.9-37.42%
201730.1126.16%
201613.3-32.05%
201519.6-26.57%
201426.7-1.74%
201327.2102.78%
201213.4

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.