According to Contact Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 31.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 31.9 | -3.16% |
2021 | 33.0 | -7.55% |
2020 | 35.7 | 120.34% |
2019 | 16.2 | -49.1% |
2018 | 31.8 | 27.66% |
2017 | 24.9 | -143.84% |
2016 | -56.8 | -311.02% |
2015 | 26.9 | 60.14% |
2014 | 16.8 | -10.16% |
2013 | 18.7 | 4.59% |
2012 | 17.9 | -20.11% |
2011 | 22.4 | 2.09% |
2010 | 21.9 | -23.63% |
2009 | 28.7 | 45.23% |
2008 | 19.8 | -8.78% |
2007 | 21.7 | 47.49% |
2006 | 14.7 | |
2004 | 24.1 | -1.58% |
2003 | 24.5 | 20.11% |
2002 | 20.4 | 36.66% |
2001 | 14.9 |
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.