P/E ratio for Camber Energy (CEI)
P/E ratio as of May 2024 (TTM): -1.37
According to Camber Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.37198. At the end of 2022 the company had a P/E ratio of -0.1810.
P/E ratio history for Camber Energy from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.1810 | -58.39% |
| 2021 | -0.4350 | 602.82% |
| 2020 | -0.0619 | -59.59% |
| 2019 | -0.1532 | 5.12% |
| 2018 | -0.1457 | -98.42% |
| 2017 | -9.24 | -3.84% |
| 2016 | -9.61 | -78.06% |
| 2015 | -43.8 | -71.59% |
| 2014 | -154 | -18.73% |
| 2013 | -190 | -40.46% |
| 2012 | -319 | -49.11% |
| 2011 | -626 | 198.04% |
| 2010 | -210 | 73.7% |
| 2009 | -121 | -100.18% |
| 2008 | > 1000 |
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.