P/E ratio for Cantaloupe (CTLP)
P/E ratio as of July 2024 (TTM): -644
According to Cantaloupe's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -643.5. At the end of 2022 the company had a P/E ratio of -31.1.
P/E ratio history for Cantaloupe from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -31.1 | -93% |
| 2021 | -444 | 1933.59% |
| 2020 | -21.8 | 71.13% |
| 2019 | -12.8 | 18.07% |
| 2018 | -10.8 | -86.16% |
| 2017 | -78.1 | 335.66% |
| 2016 | -17.9 | -72.46% |
| 2015 | -65.1 | -3045.39% |
| 2014 | 2.21 | -96.48% |
| 2013 | 62.8 | -551.91% |
| 2012 | -13.9 | 197.56% |
| 2011 | -4.67 | 35.92% |
| 2010 | -3.43 | 71.67% |
| 2009 | -2.00 | -2.37% |
| 2008 | -2.05 | -31.72% |
| 2007 | -3.00 | 22.9% |
| 2006 | -2.44 | 7778.02% |
| 2005 | -0.0310 | -98.81% |
| 2004 | -2.60 | 148% |
| 2003 | -1.05 | 138.8% |
| 2002 | -0.4390 | 1022.93% |
| 2001 | -0.0391 |
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.