P/E ratio for Cementir (CEM.MI)
P/E ratio as of May 2024 (TTM): 10.5
According to Cementir's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4815. At the end of 2022 the company had a P/E ratio of 7.41.
P/E ratio history for Cementir from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.41 | -47.97% |
| 2021 | 14.2 | 21.16% |
| 2020 | 11.7 | -24.31% |
| 2019 | 15.5 | 111.95% |
| 2018 | 7.32 | -61.99% |
| 2017 | 19.3 | 63.38% |
| 2016 | 11.8 | -30.83% |
| 2015 | 17.0 | 29.76% |
| 2014 | 13.1 | -36.14% |
| 2013 | 20.6 | 3.73% |
| 2012 | 19.8 | -128.85% |
| 2011 | -68.7 |
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.