Costamare
CMRE
#4471
Rank
$1.11 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡จ Monaco
Country
$9.20
Share price
0.00%
Change (1 day)
-47.99%
Change (1 year)

P/E ratio for Costamare (CMRE)

P/E ratio as of March 2023 (TTM): 2.01

According to Costamare 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.01313. At the end of 2019 the company had a P/E ratio of 16.4.

P/E ratio history for Costamare from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
201916.427.26%
201812.9
201211.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
1.35-33.02%๐Ÿ‡ฌ๐Ÿ‡ท Greece
1.73-14.16%๐Ÿ‡ฌ๐Ÿ‡ท Greece
2.69 33.46%๐Ÿ‡ฌ๐Ÿ‡ท Greece

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.