P/E ratio for Corbion (CRBN.AS)
P/E ratio at the end of 2022: 20.8
According to Corbion'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 20.8.
P/E ratio history for Corbion from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.8 | -33.59% |
| 2021 | 31.3 | -16.52% |
| 2020 | 37.5 | -42.04% |
| 2019 | 64.8 | 146.27% |
| 2018 | 26.3 | 42.22% |
| 2017 | 18.5 | 26.54% |
| 2016 | 14.6 | -14.96% |
| 2015 | 17.2 | -143.19% |
| 2014 | -39.8 | -97.4% |
| 2013 | < -1000 | 8722.32% |
| 2012 | -17.4 | 268.03% |
| 2011 | -4.72 | -125.6% |
| 2010 | 18.4 | 24.6% |
| 2009 | 14.8 | 69.74% |
| 2008 | 8.71 | 12.34% |
| 2007 | 7.75 | -60.92% |
| 2006 | 19.8 | 392.86% |
| 2005 | 4.03 | 3485.6% |
| 2004 | 0.1123 | -98.54% |
| 2003 | 7.70 | -3.23% |
| 2002 | 7.96 |
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.