P/E ratio for Cameco (CCJ)
P/E ratio as of April 2024 (TTM): 111
According to Cameco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 111.499. At the end of 2022 the company had a P/E ratio of 128.
P/E ratio history for Cameco from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 128 | -216.36% |
| 2021 | -110 | -36.06% |
| 2020 | -172 | -383.78% |
| 2019 | 60.7 | 66.89% |
| 2018 | 36.4 | -263.94% |
| 2017 | -22.2 | -74.97% |
| 2016 | -88.6 | -195.12% |
| 2015 | 93.1 | 144.53% |
| 2014 | 38.1 | 42.84% |
| 2013 | 26.7 | -12.8% |
| 2012 | 30.6 | 92.14% |
| 2011 | 15.9 | -49.3% |
| 2010 | 31.4 | 151.98% |
| 2009 | 12.5 | -10.78% |
| 2008 | 14.0 | -60.02% |
| 2007 | 34.9 | -18.49% |
| 2006 | 42.8 | -28.87% |
| 2005 | 60.2 | 114.84% |
| 2004 | 28.0 | 174.35% |
| 2003 | 10.2 | -75.63% |
| 2002 | 41.9 | 23.9% |
| 2001 | 33.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BHP Group BHP | 4.65 | -95.83% | 🇦🇺 Australia |
 Denison Mines
DNN | -228 | -304.42% | 🇨🇦 Canada |
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.