P/E ratio for Centrica (CNA.L)
P/E ratio at the end of 2022: -7.47
According to Centrica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1017.37. At the end of 2022 the company had a P/E ratio of -7.47.
P/E ratio history for Centrica from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.47 | -334.32% |
| 2021 | 3.19 | -94.68% |
| 2020 | 59.9 | -1343.78% |
| 2019 | -4.82 | -111.89% |
| 2018 | 40.5 | 88.57% |
| 2017 | 21.5 | 185.19% |
| 2016 | 7.53 | -160.35% |
| 2015 | -12.5 | 12.97% |
| 2014 | -11.0 | -177.52% |
| 2013 | 14.3 | 33.27% |
| 2012 | 10.7 | -62.31% |
| 2011 | 28.4 | 294.9% |
| 2010 | 7.19 | -45.45% |
| 2009 | 13.2 | -119.53% |
| 2008 | -67.5 | -1204.37% |
| 2007 | 6.11 | -111.66% |
| 2006 | -52.4 | -876.1% |
| 2005 | 6.75 | -35.1% |
| 2004 | 10.4 | -16.45% |
| 2003 | 12.4 | -15.6% |
| 2002 | 14.7 | -46.23% |
| 2001 | 27.4 |
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.