P/E ratio for CoreCivic (CXW)
P/E ratio as of May 2024 (TTM): 14.3
According to CoreCivic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2692. At the end of 2022 the company had a P/E ratio of 11.0.
P/E ratio history for CoreCivic from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.0 | -148.59% |
| 2021 | -22.7 | -259.13% |
| 2020 | 14.2 | 30.27% |
| 2019 | 10.9 | -17.24% |
| 2018 | 13.2 | -11.95% |
| 2017 | 15.0 | 14.68% |
| 2016 | 13.1 | -6.68% |
| 2015 | 14.0 | -34.82% |
| 2014 | 21.5 | 91.76% |
| 2013 | 11.2 | -50.37% |
| 2012 | 22.6 | 73.02% |
| 2011 | 13.1 | -27.57% |
| 2010 | 18.0 | -3.06% |
| 2009 | 18.6 | 36.42% |
| 2008 | 13.6 | -49.64% |
| 2007 | 27.1 | 5.35% |
| 2006 | 25.7 | -28.57% |
| 2005 | 36.0 | 54.89% |
| 2004 | 23.2 | 218.24% |
| 2003 | 7.30 | -185.81% |
| 2002 | -8.51 | -71.13% |
| 2001 | -29.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Geo Group GEO | 15.7 | 9.89% | 🇺🇸 USA |
 Brink's
BCO | 36.5 | 155.46% | 🇺🇸 USA |
 ADT ADT | 81.3 | 469.41% | 🇺🇸 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.