P/E ratio for Cinemark Theatres (CNK)
P/E ratio as of October 2023 (TTM): -260
According to Cinemark Theatres 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -259.857. At the end of 2021 the company had a P/E ratio of -4.55.
P/E ratio history for Cinemark Theatres from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -4.55 | |
| 2019 | 20.8 | 6.15% |
| 2018 | 19.6 | 27.53% |
| 2017 | 15.3 | |
| 2015 | 17.8 | -16.54% |
| 2014 | 21.3 | -18.18% |
| 2013 | 26.0 | 47.33% |
| 2012 | 17.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Reading International
RDI | -1.46 | -99.44% | 🇺🇸 USA |
 AMC Entertainment AMC | -2.16 | -99.17% | 🇺🇸 USA |
 Marcus Corporation
MCS | -236 | -9.01% | 🇺🇸 USA |
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.