Charter Communications
CHTR
#509
Rank
$38.21 B
Marketcap
$264.70
Share price
-0.60%
Change (1 day)
-19.99%
Change (1 year)

Charter Communications is an American operator of cable networks with digital and interactive television, video-on-demand, internet and telephone services. The company is based in Stamford, Connecticut.

P/E ratio for Charter Communications (CHTR)

P/E ratio as of April 2024 (TTM): 8.51

According to Charter Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.51125. At the end of 2022 the company had a P/E ratio of 10.8.

P/E ratio history for Charter Communications from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.8-57.54%
202125.5-38.42%
202041.4-34.5%
201963.218.29%
201853.5551.84%
20178.20-50.83%
201616.7-124.44%
2015-68.2-22.99%
2014-88.620.4%
2013-73.6226.73%
2012-22.548.34%
2011-15.2-9.42%
2010-16.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-11.0-229.09%๐Ÿ‡บ๐Ÿ‡ธ USA
1.73-79.70%๐Ÿ‡บ๐Ÿ‡ธ USA
7.96-6.46%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1 29.98%๐Ÿ‡บ๐Ÿ‡ธ USA

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.