P/E ratio for CAVE Interactive (3760.T)
P/E ratio as of April 2024 (TTM): 3.34
According to CAVE Interactive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.33859. At the end of 2022 the company had a P/E ratio of 8.25.
P/E ratio history for CAVE Interactive from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.25 | -271.57% |
| 2021 | -4.81 | -85.87% |
| 2020 | -34.0 | 130.38% |
| 2019 | -14.8 | 537.21% |
| 2018 | -2.32 | -93.72% |
| 2017 | -36.9 | 57.96% |
| 2016 | -23.3 | 105.66% |
| 2015 | -11.4 | -9.76% |
| 2014 | -12.6 | -41.07% |
| 2013 | -21.3 | 561.05% |
| 2012 | -3.23 | -122.8% |
| 2011 | 14.2 | -265.15% |
| 2010 | -8.58 | -104.79% |
| 2009 | 179 |
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.