P/E ratio for Caleres (CAL)
P/E ratio as of September 2023 (TTM): 6.73
According to Caleres's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.73012. At the end of 2021 the company had a P/E ratio of 38.4.
P/E ratio history for Caleres from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 38.4 | -2406.44% |
| 2020 | -1.67 | -97.82% |
| 2019 | -76.6 | -678.11% |
| 2018 | 13.3 | -44.58% |
| 2017 | 23.9 | 41.36% |
| 2016 | 16.9 | 24.26% |
| 2015 | 13.6 | -29.71% |
| 2014 | 19.4 | -43.56% |
| 2013 | 34.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wolverine World Wide
WWW | -2.15 | -131.99% | 🇺🇸 USA |
 Steve Madden
SHOO | 14.3 | 112.34% | 🇺🇸 USA |
 Deckers Brands DECK | 25.0 | 271.59% | 🇺🇸 USA |
 Skechers
SKX | 15.6 | 132.40% | 🇺🇸 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.