P/E ratio for Citycon (CTY1S.HE)
P/E ratio as of March 2023 (TTM): 18.2
According to Citycon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2163. At the end of 2021 the company had a P/E ratio of 12.7.
P/E ratio history for Citycon from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.7 | -140.12% |
| 2020 | -31.7 | -113.55% |
| 2019 | 234 | 189.04% |
| 2018 | 81.0 | 275.35% |
| 2017 | 21.6 | 66.14% |
| 2016 | 13.0 | -24.23% |
| 2015 | 17.1 | 6.31% |
| 2014 | 16.1 | 38.57% |
| 2013 | 11.6 | 16.81% |
| 2012 | 9.96 | -78.44% |
| 2011 | 46.2 | 410% |
| 2010 | 9.06 | -149.3% |
| 2009 | -18.4 | 512.5% |
| 2008 | -3.00 | -8622.73% |
| 2007 | 0.0352 | -99.46% |
| 2006 | 6.47 | 2.01% |
| 2005 | 6.35 | -55.78% |
| 2004 | 14.4 | 32.2% |
| 2003 | 10.9 | -72.36% |
| 2002 | 39.3 |
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.