P/E ratio for Carr's Group (CARR.L)
P/E ratio at the end of 2023: -442
According to Carr's Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -44155.6. At the end of 2023 the company had a P/E ratio of -442.
P/E ratio history for Carr's Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -442 | -1000.47% |
| 2022 | 49.1 | 166.28% |
| 2021 | 18.5 | 60.93% |
| 2020 | 11.5 | 3.85% |
| 2019 | 11.0 | -1.07% |
| 2018 | 11.2 | -40.88% |
| 2017 | 18.9 | 76.42% |
| 2016 | 10.7 | 10.31% |
| 2015 | 9.70 | -7.47% |
| 2014 | 10.5 | 11.33% |
| 2013 | 9.42 | 17.33% |
| 2012 | 8.03 | 254.67% |
| 2011 | 2.26 | -69.69% |
| 2010 | 7.47 | 6.56% |
| 2009 | 7.01 | 36.54% |
| 2008 | 5.13 | -22.31% |
| 2007 | 6.61 | -12.78% |
| 2006 | 7.57 | 74.5% |
| 2005 | 4.34 | -27.4% |
| 2004 | 5.98 | -28.83% |
| 2003 | 8.40 | 87.38% |
| 2002 | 4.48 | 7.18% |
| 2001 | 4.18 |
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.