Chorus
CNU.NZ
#4093
Rank
$2.21 B
Marketcap
$5.11
Share price
2.38%
Change (1 day)
5.41%
Change (1 year)

P/E ratio for Chorus (CNU.NZ)

P/E ratio at the end of 2022: 56.1

According to Chorus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 56.1.

P/E ratio history for Chorus from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202256.11.03%
202155.6-14.57%
202065.137.99%
201947.1

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.