ChemoMetec
CHEMM.CO
#5294
Rank
$0.91 B
Marketcap
$52.58
Share price
-2.01%
Change (1 day)
-14.13%
Change (1 year)

P/E ratio for ChemoMetec (CHEMM.CO)

P/E ratio at the end of 2022: 85.0

According to ChemoMetec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.8536. At the end of 2022 the company had a P/E ratio of 85.0.

P/E ratio history for ChemoMetec from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202285.0-43.5%
202115074.3%
202086.354.49%
201955.916.45%
201848.0-26.67%
201765.435.29%
201648.452.15%
201531.8-24.7%
201442.2-73.12%
2013157-2690%
2012-6.06-101.58%
2011383-1893.47%
2010-21.3-160.41%
200935.388.05%
200818.8-90.61%
2007200

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.