P/E ratio for Canaccord Genuity Group (CF.TO)
P/E ratio as of May 2024 (TTM): -5.79
According to Canaccord Genuity Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.78646. At the end of 2022 the company had a P/E ratio of -18.6.
P/E ratio history for Canaccord Genuity Group from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -18.6 | -463.49% |
| 2021 | 5.13 | -31.98% |
| 2020 | 7.54 | -15.87% |
| 2019 | 8.96 | -33.2% |
| 2018 | 13.4 | 8.74% |
| 2017 | 12.3 | -180.2% |
| 2016 | -15.4 | 1158.67% |
| 2015 | -1.22 | -104.54% |
| 2014 | 26.9 | -14.75% |
| 2013 | 31.6 | -463.06% |
| 2012 | -8.70 | -173.63% |
| 2011 | 11.8 | -21.55% |
| 2010 | 15.1 | 4.59% |
| 2009 | 14.4 | -748.84% |
| 2008 | -2.22 | -129.74% |
| 2007 | 7.46 | -14.13% |
| 2006 | 8.69 |
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.