P/E ratio for Clear Channel Outdoor (CCO)
P/E ratio as of April 2024 (TTM): -62.2
According to Clear Channel Outdoor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -62.201. At the end of 2022 the company had a P/E ratio of -5.18.
P/E ratio history for Clear Channel Outdoor from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.18 | 46.15% |
| 2021 | -3.54 | 170.44% |
| 2020 | -1.31 | -59.59% |
| 2019 | -3.24 | -61.88% |
| 2018 | -8.51 | 229.23% |
| 2017 | -2.58 | -119.97% |
| 2016 | 12.9 | -161.61% |
| 2015 | -21.0 | -94.1% |
| 2014 | -356 | 426.83% |
| 2013 | -67.6 | 410.37% |
| 2012 | -13.2 | -111.61% |
| 2011 | 114 | -311.28% |
| 2010 | -54.0 | 1178.54% |
| 2009 | -4.22 | 450.78% |
| 2008 | -0.7668 | -101.91% |
| 2007 | 40.1 | -38.24% |
| 2006 | 64.9 | -38.49% |
| 2005 | 106 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Interpublic Group IPG | 13.0 | -120.88% | 🇺🇸 USA |
 Omnicom OMC | 13.8 | -122.16% | 🇺🇸 USA |
 Lamar Advertising LAMR | 28.2 | -145.35% | 🇺🇸 USA |
 National CineMedia NCMI | N/A | N/A | 🇺🇸 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.