Computer Modelling Group
CMG.TO
#6434
Rank
$0.60 B
Marketcap
$7.35
Share price
0.57%
Change (1 day)
-2.01%
Change (1 year)

P/E ratio for Computer Modelling Group (CMG.TO)

P/E ratio as of December 2024 (TTM): 30.6

According to Computer Modelling Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.6071. At the end of 2023 the company had a P/E ratio of 29.2.

P/E ratio history for Computer Modelling Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202329.226.31%
202223.10.2%
202123.095.37%
202011.8-45.87%
201921.8-39.03%
201835.79.24%
201732.72.22%
201632.07.01%
201529.9-27.01%
201441.026.36%
201332.428.47%
201225.2-5.91%
201126.829.38%
201020.7117.4%
20099.54-42.03%
200816.55.14%
200715.60.3%
200615.626.49%
200512.3-10.44%
200413.8128.37%
20036.0378.68%
20023.38-37.64%
20015.41

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.