P/E ratio for Carriage Services (CSV)
P/E ratio as of May 2023 (TTM): 11.7
According to Carriage Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7205. At the end of 2021 the company had a P/E ratio of 33.2.
P/E ratio history for Carriage Services from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 33.2 | -3.49% |
| 2020 | 34.4 | 7.55% |
| 2019 | 32.0 | 44.52% |
| 2018 | 22.1 | 95.5% |
| 2017 | 11.3 | -53.73% |
| 2016 | 24.5 | 17.82% |
| 2015 | 20.8 | -14.71% |
| 2014 | 24.4 | |
| 2012 | 19.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Matthews International Corporation
MATW | -15.6 | -233.29% | 🇺🇸 USA |
 Service Corporation International
SCI | 20.4 | 73.91% | 🇺🇸 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.