According to Cielo Waste Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.176757. At the end of 2024 the company had a P/E ratio of -2.36.
Year | P/E ratio | Change |
---|---|---|
2024 | -2.36 | 94.29% |
2023 | -1.21 | -90.29% |
2022 | -12.5 | 52.78% |
2021 | -8.18 | 309.09% |
2020 | -2.00 | -57.5% |
2019 | -4.71 | 71.43% |
2018 | -2.75 | -89.44% |
2017 | -26.0 | 30% |
2016 | -20.0 | 27900.16% |
2015 | -0.0714 | -97.62% |
2014 | -3.00 | -76.92% |
2013 | -13.0 | 95% |
2012 | -6.67 |
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.