According to CEWE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6724. At the end of 2022 the company had a P/E ratio of 12.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.4 | -33.71% |
2021 | 18.7 | 45.19% |
2020 | 12.9 | -46.92% |
2019 | 24.2 | 87.78% |
2018 | 12.9 | -32.98% |
2017 | 19.3 | -1.6% |
2016 | 19.6 | 11.88% |
2015 | 17.5 | 4.16% |
2014 | 16.8 | 36.9% |
2013 | 12.3 |
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.