P/E ratio for Columbus McKinnon (CMCO)
P/E ratio as of May 2024 (TTM): 23.4
According to Columbus McKinnon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3616. At the end of 2022 the company had a P/E ratio of 20.2.
P/E ratio history for Columbus McKinnon from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.2 | -55.97% |
| 2021 | 45.8 | -54.72% |
| 2020 | 101 | 650.53% |
| 2019 | 13.5 | -39.63% |
| 2018 | 22.3 | -78.22% |
| 2017 | 103 | 267.74% |
| 2016 | 27.9 | 16.52% |
| 2015 | 23.9 | 49.31% |
| 2014 | 16.0 | 120.8% |
| 2013 | 7.26 | -20.05% |
| 2012 | 9.08 | -24.18% |
| 2011 | 12.0 | -217.83% |
| 2010 | -10.2 | 333.31% |
| 2009 | -2.34 | -129.37% |
| 2008 | 7.98 | -47.39% |
| 2007 | 15.2 | 202.43% |
| 2006 | 5.02 | -69.42% |
| 2005 | 16.4 | -12.97% |
| 2004 | 18.8 | -182.9% |
| 2003 | -22.7 | 5483.03% |
| 2002 | -0.4072 | -99.25% |
| 2001 | -54.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 18.7 | -20.16% | 🇺🇸 USA |
 Gencor Industries
GENC | 21.2 | -9.12% | 🇺🇸 USA |
 The Manitowoc Company
MTW | -4.31 | -118.45% | 🇺🇸 USA |
 Terex
TEX | 7.79 | -66.65% | 🇺🇸 USA |
 Kadant KAI | 26.6 | 14.00% | 🇺🇸 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.