Cato Fashion
CATO
#6061
Rank
$0.21 B
Marketcap
$10.40
Share price
1.27%
Change (1 day)
-36.78%
Change (1 year)

P/E ratio for Cato Fashion (CATO)

P/E ratio as of December 2022 (TTM): 7.65

According to Cato Fashion's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.64706. At the end of 2020 the company had a P/E ratio of -5.42.

P/E ratio history for Cato Fashion from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2020-5.42-145.46%
201911.9-38.2%
201819.3-45.49%
201735.4203.44%
201611.7-27.17%
201516.0-26.75%
201421.937.45%
201315.926.94%
201212.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.1 267.29%๐Ÿ‡บ๐Ÿ‡ธ USA
6.67-12.77%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.