According to Capital Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.92894. At the end of 2022 the company had a P/E ratio of 54.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 54.5 | -44.75% |
2021 | 98.6 | 122.79% |
2020 | 44.3 | 3% |
2019 | 43.0 | 250.82% |
2018 | 12.3 | -44.46% |
2017 | 22.1 | -13.57% |
2016 | 25.5 | 9.18% |
2015 | 23.4 | -74.82% |
2014 | 92.9 | 828.57% |
2013 | 10.00 | -60.4% |
2012 | 25.3 | 55.84% |
2011 | 16.2 | -47.23% |
2010 | 30.7 |
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.