P/E ratio for Compass Minerals (CMP)
P/E ratio as of April 2024 (TTM): 61.8
According to Compass Minerals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 61.8182. At the end of 2022 the company had a P/E ratio of -51.3.
P/E ratio history for Compass Minerals from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -51.3 | 528.08% |
| 2021 | -8.16 | -123.14% |
| 2020 | 35.3 | 4.72% |
| 2019 | 33.7 | 62.38% |
| 2018 | 20.7 | -64.12% |
| 2017 | 57.8 | 254.1% |
| 2016 | 16.3 | 1.92% |
| 2015 | 16.0 | 18.96% |
| 2014 | 13.5 | -34.58% |
| 2013 | 20.6 | -27.01% |
| 2012 | 28.2 | 83.04% |
| 2011 | 15.4 | -21.84% |
| 2010 | 19.7 | 44.3% |
| 2009 | 13.7 | 12.45% |
| 2008 | 12.1 | -27.72% |
| 2007 | 16.8 | -9.49% |
| 2006 | 18.6 | -25.86% |
| 2005 | 25.0 | 69.49% |
| 2004 | 14.8 | 2.43% |
| 2003 | 14.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CF Industries
CF | 7.38 | -88.07% | 🇺🇸 USA |
 The Mosaic Company MOS | 4.76 | -92.30% | 🇺🇸 USA |
 Intrepid Potash
IPI | 9.81 | -84.13% | 🇺🇸 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.