According to CBAK Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.11754. At the end of 2022 the company had a P/E ratio of -9.81.
Year | P/E ratio | Change |
---|---|---|
2022 | -9.81 | -540.02% |
2021 | 2.23 | -105.7% |
2020 | -39.1 | 920.74% |
2019 | -3.83 | -29.39% |
2018 | -5.43 | 233.78% |
2017 | -1.63 | -20.41% |
2016 | -2.04 | -81.82% |
2015 | -11.2 | -2998.1% |
2014 | 0.3878 | -228.76% |
2013 | -0.3012 | 38.49% |
2012 | -0.2175 | -33.71% |
2011 | -0.3281 | -90.99% |
2010 | -3.64 | -64.63% |
2009 | -10.3 | 1.69% |
2008 | -10.1 | -87.04% |
2007 | -78.1 | -591.28% |
2006 | 15.9 | -49.63% |
2005 | 31.6 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
QuantumScape QS | -6.35 | 3.75% | ๐บ๐ธ USA |
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.