Clear Channel Outdoor
CCO
#4684
Rank
$0.87 B
Marketcap
$1.83
Share price
7.65%
Change (1 day)
-22.46%
Change (1 year)

P/E ratio for Clear Channel Outdoor (CCO)

P/E ratio as of August 2022 (TTM): -4.42

According to Clear Channel Outdoor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.42106. At the end of 2021 the company had a P/E ratio of -3.54.

P/E ratio history for Clear Channel Outdoor from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-3.54170.44%
2020-1.31-59.59%
2019-3.24
201612.9
2014-356

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.