Commercial Vehicle Group (CVG)
CVGI
#6701
Rank
$0.22 B
Marketcap
$6.53
Share price
1.56%
Change (1 day)
-17.34%
Change (1 year)

P/E ratio for Commercial Vehicle Group (CVG) (CVGI)

P/E ratio as of February 2024 (TTM): -33.8

According to Commercial Vehicle Group (CVG)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -33.8421. At the end of 2022 the company had a P/E ratio of -10.2.

P/E ratio history for Commercial Vehicle Group (CVG) from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-10.2-194.58%
202110.7-249.09%
2020-7.21-162.43%
201911.5199.78%
20183.85-102%
2017-192-899.44%
201624.0109.07%
201511.5-55.11%
201425.6-251.51%
2013-16.9-466.56%
20124.61-65.82%
201113.5-79.24%
201065.0-4158.43%
2009-1.601549.82%
2008-0.0971-99.9%
2007-96.7-1314.98%
20067.968.46%
20057.34-63.03%
200419.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-5.66-83.27%๐Ÿ‡บ๐Ÿ‡ธ USA
21.3-163.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.1-8.09%๐Ÿ‡บ๐Ÿ‡ธ USA
7.18-121.22%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.8475-97.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-60.7 79.46%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-131.59%๐Ÿ‡บ๐Ÿ‡ธ 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.