CBAK Energy
CBAT
#7461
Rank
$93.51 M
Marketcap
$1.04
Share price
0.00%
Change (1 day)
22.35%
Change (1 year)

P/E ratio for CBAK Energy (CBAT)

P/E ratio as of March 2024 (TTM): -6.12

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.

P/E ratio history for CBAK Energy from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-9.81-540.02%
20212.23-105.7%
2020-39.1920.74%
2019-3.83-29.39%
2018-5.43233.78%
2017-1.63-20.41%
2016-2.04-81.82%
2015-11.2-2998.1%
20140.3878-228.76%
2013-0.301238.49%
2012-0.2175-33.71%
2011-0.3281-90.99%
2010-3.64-64.63%
2009-10.31.69%
2008-10.1-87.04%
2007-78.1-591.28%
200615.9-49.63%
200531.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-6.35 3.75%๐Ÿ‡บ๐Ÿ‡ธ 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.