CATL
300750.SZ
#158
Rank
$98.10 B
Marketcap
$22.30
Share price
-0.53%
Change (1 day)
-33.71%
Change (1 year)

P/E ratio for CATL (300750.SZ)

P/E ratio as of February 2024 (TTM): 15.8

According to CATL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8484. At the end of 2022 the company had a P/E ratio of 30.5.

P/E ratio history for CATL from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.5-64.39%
202185.5-39.54%
2020141177.84%
201950.911.23%
201845.8

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.