P/E ratio for Castellum (CAST.ST)
P/E ratio as of May 2024 (TTM): -5.21
According to Castellum's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.21442. At the end of 2022 the company had a P/E ratio of 27.2.
P/E ratio history for Castellum from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.2 | 291.38% |
| 2021 | 6.95 | -42.56% |
| 2020 | 12.1 | -4.35% |
| 2019 | 12.7 | 77.85% |
| 2018 | 7.12 | -7.08% |
| 2017 | 7.66 | 4.83% |
| 2016 | 7.31 | -10.71% |
| 2015 | 8.18 | -58.45% |
| 2014 | 19.7 | 72.06% |
| 2013 | 11.4 | -7.64% |
| 2012 | 12.4 | -46.9% |
| 2011 | 23.3 | 156.36% |
| 2010 | 9.10 | -89.66% |
| 2009 | 88.1 |
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.