Cemex
CX
#1460
Rank
$10.17 B
Marketcap
$6.68
Share price
-1.76%
Change (1 day)
54.99%
Change (1 year)

P/E ratio for Cemex (CX)

P/E ratio as of September 2023 (TTM): 0.4362

According to Cemex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.436224. At the end of 2021 the company had a P/E ratio of 14.2.

P/E ratio history for Cemex from 2019 to 2018

PE ratio at the end of each year

Year P/E ratio Change
202114.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.6 6,005.10%๐Ÿ‡บ๐Ÿ‡ธ USA
37.0 8,374.11%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4 2,744.25%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฎ๐Ÿ‡ช Ireland

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.