Citycon
CTY1S.HE
#5478
Rank
$0.73 B
Marketcap
$4.02
Share price
-0.05%
Change (1 day)
-45.90%
Change (1 year)

P/E ratio for Citycon (CTY1S.HE)

P/E ratio as of April 2024 (TTM): -12.2

According to Citycon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.2188. At the end of 2022 the company had a P/E ratio of -41.7.

P/E ratio history for Citycon from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-41.7-421.69%
202113.0-136.02%
2020-36.0-115.37%
2019234150.4%
201893.5333.28%
201721.666.14%
201613.0-18.82%
201516.010.99%
201414.437.31%
201310.55.79%
20129.92-76.33%
201141.9362.81%
20109.06-149.3%
2009-18.4

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.