According to Caverion 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.7928. At the end of 2022 the company had a P/E ratio of 21.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 21.7 | -42.39% |
2021 | 37.6 | -67.65% |
2020 | 116 | 126.26% |
2019 | 51.4 | -479.02% |
2018 | -13.6 | -46.08% |
2017 | -25.1 | -20.68% |
2016 | -31.7 | -226.3% |
2015 | 25.1 | -17.02% |
2014 | 30.2 | -8.3% |
2013 | 33.0 |
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.