P/E ratio for Celulosa Argentina (CELU.BA)
P/E ratio as of May 2024 (TTM): -91.9
According to Celulosa Argentina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -91.8771. At the end of 2022 the company had a P/E ratio of -52.1.
P/E ratio history for Celulosa Argentina from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -52.1 | -1344.25% |
| 2021 | 4.19 | -104.58% |
| 2020 | -91.4 | -30.18% |
| 2019 | -131 | 27.22% |
| 2018 | -103 | -38.45% |
| 2017 | -167 | 2367.96% |
| 2016 | -6.77 | -115.57% |
| 2015 | 43.5 | -1038.57% |
| 2014 | -4.63 | -99.01% |
| 2013 | -468 | -50.7% |
| 2012 | -949 |
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.