P/E ratio for Cleanaway Waste Management (CWY.AX)
P/E ratio at the end of 2022: 66.8
According to Cleanaway Waste Management's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 66.8.
P/E ratio history for Cleanaway Waste Management from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 66.8 | 79.09% |
| 2021 | 37.3 | -4.07% |
| 2020 | 38.9 | -1.91% |
| 2019 | 39.7 | 31.44% |
| 2018 | 30.2 | -0.49% |
| 2017 | 30.3 | 8.17% |
| 2016 | 28.0 | -156.45% |
| 2015 | -49.7 | -148.45% |
| 2014 | 103 | -1962.5% |
| 2013 | -5.50 | -106.83% |
| 2012 | 80.6 | -3270.91% |
| 2011 | -2.54 | -117.37% |
| 2010 | 14.6 | -733.02% |
| 2009 | -2.31 | -123.22% |
| 2008 | 9.95 | -67.15% |
| 2007 | 30.3 | 10.5% |
| 2006 | 27.4 | -16.88% |
| 2005 | 33.0 |
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.