CIE Automotive
CIE.MC
#3256
Rank
$3.43 B
Marketcap
$28.71
Share price
1.45%
Change (1 day)
5.94%
Change (1 year)

P/E ratio for CIE Automotive (CIE.MC)

P/E ratio at the end of 2021: 11.1

According to CIE Automotive 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4952. At the end of 2021 the company had a P/E ratio of 11.1.

P/E ratio history for CIE Automotive from 2004 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202111.1-9.37%
202012.241.95%
20198.6142.5%
20186.05-43.87%
201710.8-13.49%
201612.5-0.05%
201512.5-2.3%
201412.742.64%
20138.9445.16%
20126.16-13.73%
20117.14-2.23%
20107.30-65.05%
200920.9339.61%
20084.75-51.79%
20079.86-25.46%
200613.263.56%
20058.08370.79%
20041.72

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.