CBAK Energy
CBAT
#6435
Rank
$0.10 B
Marketcap
$1.15
Share price
-4.07%
Change (1 day)
-46.01%
Change (1 year)

P/E ratio for CBAK Energy (CBAT)

P/E ratio as of October 2022 (TTM): 4.31

According to CBAK Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.31153. 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
20212.30-104.18%
2020-55.01262.83%
2019-4.04-32.74%
2018-6.00272.97%
2017-1.61-45.87%
2016-2.97-267.5%
20151.7776.24%
20141.01-502.24%
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%
20077604536.91%
200616.4-25.6%
200522.0

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.