P/E ratio for Cielo Waste Solutions (CMC.V)
P/E ratio as of May 2024 (TTM): -30.0
According to Cielo Waste Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -29.9862. At the end of 2022 the company had a P/E ratio of -1.47.
P/E ratio history for Cielo Waste Solutions from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.47 | -17.65% |
| 2021 | -1.79 | -55.88% |
| 2020 | -4.05 | 18.73% |
| 2019 | -3.41 | 50.57% |
| 2018 | -2.26 | -86.31% |
| 2017 | -16.5 | -153.45% |
| 2016 | 30.9 | -6715.04% |
| 2015 | -0.4676 | 30.94% |
| 2014 | -0.3571 | -93.88% |
| 2013 | -5.83 | 1008.33% |
| 2012 | -0.5263 |
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.