P/E ratio for CompX International (CIX)
P/E ratio as of October 2023 (TTM): 11.5
According to CompX International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5466. At the end of 2021 the company had a P/E ratio of 16.9.
P/E ratio history for CompX International from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.9 | -1.46% |
| 2020 | 17.1 | 50.41% |
| 2019 | 11.4 | 3.85% |
| 2018 | 11.0 | -12.52% |
| 2017 | 12.5 | -33.76% |
| 2016 | 18.9 | 21.29% |
| 2015 | 15.6 | -9.58% |
| 2014 | 17.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Allegion
ALLE | 17.8 | 54.00% | 🇮🇪 Ireland |
 Stanley Black & Decker
SWK | 15.4 | 33.55% | 🇺🇸 USA |
 NN, Inc.
NNBR | -1.68 | -114.51% | 🇺🇸 USA |
 Valhi VHI | 55.3 | 378.50% | 🇺🇸 USA |
 Timken Company
TKR | 12.3 | 6.79% | 🇺🇸 USA |
 NL Industries NL | -9.31 | -180.66% | 🇺🇸 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.