P/E ratio for Caesarstone (CSTE)
P/E ratio as of April 2024 (TTM): -1.77
According to Caesarstone 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.77105. At the end of 2022 the company had a P/E ratio of -3.42.
P/E ratio history for Caesarstone from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.42 | -115.68% |
| 2021 | 21.8 | -64.47% |
| 2020 | 61.4 | 54.78% |
| 2019 | 39.7 | 110.26% |
| 2018 | 18.9 | -37.42% |
| 2017 | 30.1 | 126.16% |
| 2016 | 13.3 | -32.05% |
| 2015 | 19.6 | -26.57% |
| 2014 | 26.7 | -2.15% |
| 2013 | 27.3 | 102.84% |
| 2012 | 13.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Woodmark
AMWD | 13.7 | -873.08% | 🇺🇸 USA |
 U.S. Silica SLCA | 6.36 | -459.19% | 🇺🇸 USA |
 Southern Copper SCCO | 29.3 | -1,753.49% | 🇺🇸 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.