P/E ratio for Clicks Group (CLS.JO)
P/E ratio at the end of 2022: 25.0
According to Clicks Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5189. At the end of 2022 the company had a P/E ratio of 25.0.
P/E ratio history for Clicks Group from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.0 | -20.15% |
| 2021 | 31.3 | 16.77% |
| 2020 | 26.8 | 13.02% |
| 2019 | 23.7 | -6.99% |
| 2018 | 25.5 | 36.04% |
| 2017 | 18.7 | -9.76% |
| 2016 | 20.8 | 31.4% |
| 2015 | 15.8 | 41.09% |
| 2014 | 11.2 | 13.21% |
| 2013 | 9.89 | 5.14% |
| 2012 | 9.41 | 53.7% |
| 2011 | 6.12 | -10.45% |
| 2010 | 6.84 | 36.74% |
| 2009 | 5.00 | 20.73% |
| 2008 | 4.14 | -15.9% |
| 2007 | 4.92 | -9.29% |
| 2006 | 5.43 | 2.59% |
| 2005 | 5.29 | -110.34% |
| 2004 | -51.2 | -1546.93% |
| 2003 | 3.54 | -72.5% |
| 2002 | 12.9 |
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.