Commercial Vehicle Group (CVG)
CVGI
#5721
Rank
$0.34 B
Marketcap
$10.35
Share price
-0.38%
Change (1 day)
54.02%
Change (1 year)

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

P/E ratio as of May 2023 (TTM): -19.6

According to Commercial Vehicle Group (CVG)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.6415. At the end of 2021 the company had a P/E ratio of 10.7.

P/E ratio history for Commercial Vehicle Group (CVG) from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202110.7-249.09%
2020-7.21-171.52%
201910.1161.71%
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.11-84.19%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-201.02%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.9 1.51%๐Ÿ‡บ๐Ÿ‡ธ USA
3.59-118.30%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.94-64.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-20.9 6.51%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
7.98-140.64%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.