Carriage Services
CSV
#6289
Rank
$0.40 B
Marketcap
$26.39
Share price
-0.64%
Change (1 day)
-4.52%
Change (1 year)

P/E ratio for Carriage Services (CSV)

P/E ratio as of May 2024 (TTM): 12.6

According to Carriage Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6476. At the end of 2022 the company had a P/E ratio of 9.94.

P/E ratio history for Carriage Services from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.94-70.07%
202133.2-3.49%
202034.47.55%
201932.044.52%
201822.195.5%
201711.3-53.73%
201624.517.82%
201520.8-14.71%
201424.432.22%
201318.4-3.76%
201219.129.91%
201114.739.77%
201010.57.31%
20099.83-95.11%
2008201905%
200720.0-131.43%
2006-63.61427%
2005-4.17-143.86%
20049.50-2.43%
20039.74193.57%
20023.32-66.02%
20019.76

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-14.6-215.24%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 71.60%๐Ÿ‡บ๐Ÿ‡ธ 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.