P/E ratio for Capstone Green Energy (CGRN)
P/E ratio as of June 2023 (TTM): -1.15
According to Capstone Green Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.15238. At the end of 2021 the company had a P/E ratio of -2.57.
P/E ratio history for Capstone Green Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -2.57 | |
| 2003 | -4.04 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 18.5 | -1,705.34% | 🇺🇸 USA |
 General Electric GE | -258 | 22,330.80% | 🇺🇸 USA |
 Woodward WWD | 42.4 | -3,781.44% | 🇺🇸 USA |
 Plug Power PLUG | -7.96 | 590.42% | 🇺🇸 USA |
 Ocean Power Technologies
OPTT | -1.55 | 34.48% | 🇺🇸 USA |
 FuelCell Energy
FCEL | -7.45 | 546.76% | 🇺🇸 USA |
 Broadwind BWEN | -8.52 | 639.41% | 🇺🇸 USA |
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.