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.
Year | P/E ratio | Change |
---|---|---|
2021 | 11.1 | -9.37% |
2020 | 12.2 | 41.95% |
2019 | 8.61 | 42.5% |
2018 | 6.05 | -43.87% |
2017 | 10.8 | -13.49% |
2016 | 12.5 | -0.05% |
2015 | 12.5 | -2.3% |
2014 | 12.7 | 42.64% |
2013 | 8.94 | 45.16% |
2012 | 6.16 | -13.73% |
2011 | 7.14 | -2.23% |
2010 | 7.30 | -65.05% |
2009 | 20.9 | 339.61% |
2008 | 4.75 | -51.79% |
2007 | 9.86 | -25.46% |
2006 | 13.2 | 63.56% |
2005 | 8.08 | 370.79% |
2004 | 1.72 |
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.