P/E ratio for Corporación América Airports (CAAP)
P/E ratio as of April 2024 (TTM): 16.1
According to Corporación América Airports's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1242. At the end of 2022 the company had a P/E ratio of 8.71.
P/E ratio history for Corporación América Airports from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.71 | -210.76% |
| 2021 | -7.87 | 211.83% |
| 2020 | -2.52 | -104.91% |
| 2019 | 51.4 | 47.29% |
| 2018 | 34.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Grupo Aeroportuario Centro Norte
OMAB | 21.2 | 31.38% | 🇲🇽 Mexico |
 Grupo Aeroportuario del Pacífico
PAC | 17.9 | 10.97% | 🇲🇽 Mexico |
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.