P/E ratio for CBAK Energy (CBAT)
P/E ratio as of September 2023 (TTM): -5.08
According to CBAK Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.07638. At the end of 2021 the company had a P/E ratio of 2.30.
P/E ratio history for CBAK Energy from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 2.30 | -104.18% |
| 2020 | -55.0 | 1262.83% |
| 2019 | -4.04 | -32.74% |
| 2018 | -6.00 | 272.97% |
| 2017 | -1.61 | -45.87% |
| 2016 | -2.97 | -267.5% |
| 2015 | 1.77 | 76.24% |
| 2014 | 1.01 | -502.24% |
| 2013 | -0.2503 | -57.33% |
| 2012 | -0.5865 | -74.58% |
| 2011 | -2.31 | -32.05% |
| 2010 | -3.40 | -81.66% |
| 2009 | -18.5 | -28.77% |
| 2008 | -26.0 | -103.42% |
| 2007 | 760 | 4536.91% |
| 2006 | 16.4 | -25.6% |
| 2005 | 22.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 QuantumScape QS | -6.51 | 28.33% | 🇺🇸 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.