P/E ratio for Commercial Vehicle Group (CVG) (CVGI)
P/E ratio as of April 2024 (TTM): -32.5
According to Commercial Vehicle Group (CVG)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -32.5263. 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% |
| 2021 | 10.7 | -249.09% |
| 2020 | -7.21 | -162.43% |
| 2019 | 11.5 | 199.78% |
| 2018 | 3.85 | -102% |
| 2017 | -192 | -899.44% |
| 2016 | 24.0 | 109.07% |
| 2015 | 11.5 | -55.11% |
| 2014 | 25.6 | -251.51% |
| 2013 | -16.9 | -466.56% |
| 2012 | 4.61 | -65.82% |
| 2011 | 13.5 | -79.24% |
| 2010 | 65.0 | -4158.43% |
| 2009 | -1.60 | 1549.82% |
| 2008 | -0.0971 | -99.9% |
| 2007 | -96.7 | -1314.98% |
| 2006 | 7.96 | 8.46% |
| 2005 | 7.34 | -63.03% |
| 2004 | 19.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 L.B. Foster FSTR | -5.83 | -82.08% | 🇺🇸 USA |
 Gentex GNTX | 20.3 | -162.39% | 🇺🇸 USA |
 Motorcar Parts of America MPAA | -19.7 | -39.41% | 🇺🇸 USA |
 Titan International TWI | 5.87 | -118.04% | 🇺🇸 USA |
 Superior Industries International SUP | -1.01 | -96.91% | 🇺🇸 USA |
 Stoneridge SRI | -52.7 | 61.92% | 🇺🇸 USA |
 Meritor MTOR | N/A | N/A | 🇺🇸 USA |
 Allison Transmission
ALSN | 10.5 | -132.34% | 🇺🇸 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.