Cintas
CTAS
#196
Rank
$90.18 B
Marketcap
$223.62
Share price
-0.49%
Change (1 day)
66.79%
Change (1 year)
Categories

Cintas is an American company specialized in the manufacture and sale of workwear and uniforms

P/E ratio for Cintas (CTAS)

P/E ratio as of November 2024 (TTM): 16.5

According to Cintas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5399. At the end of 2022 the company had a P/E ratio of 9.00.

P/E ratio history for Cintas from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.00-10.69%
202110.14.5%
20209.6526.05%
20197.6558.72%
20184.82-36.13%
20177.5527.79%
20165.9148.46%
20153.98-24.92%
20145.30-6.43%
20135.6634.06%
20124.23-3.38%
20114.37-8.66%
20104.79-10.38%
20095.3492.26%
20082.78-30.9%
20074.02-16.96%
20064.84-16.64%
20055.81-14.17%
20046.77-18.4%
20038.294.43%
20027.94-10.64%
20018.89

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.0 111.79%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9-3.87%๐Ÿ‡บ๐Ÿ‡ธ USA
18.7 13.08%๐Ÿ‡บ๐Ÿ‡ธ USA
17.9 8.33%๐Ÿ‡บ๐Ÿ‡ธ USA
27.7 67.50%๐Ÿ‡บ๐Ÿ‡ธ 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.