P/E ratio for Continental (CON.DE)
P/E ratio as of April 2024 (TTM): 18.3
According to Continental's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3391. At the end of 2022 the company had a P/E ratio of 187.
P/E ratio history for Continental from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 187 | 1338.93% |
| 2021 | 13.0 | -151.44% |
| 2020 | -25.2 | 34.07% |
| 2019 | -18.8 | -325.91% |
| 2018 | 8.32 | -44.82% |
| 2017 | 15.1 | 15.04% |
| 2016 | 13.1 | -20.35% |
| 2015 | 16.5 | 11.41% |
| 2014 | 14.8 | -10.82% |
| 2013 | 16.6 | 77.21% |
| 2012 | 9.35 | 20.54% |
| 2011 | 7.76 | -62.22% |
| 2010 | 20.5 | -631.48% |
| 2009 | -3.86 | |
| 2007 | 12.7 | -3.13% |
| 2006 | 13.1 | 110.26% |
| 2005 | 6.24 |
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.