P/E ratio for CPI Card Group (PMTS)
P/E ratio as of May 2024 (TTM): 4.77
According to CPI Card Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.77446. At the end of 2022 the company had a P/E ratio of 11.1.
P/E ratio history for CPI Card Group from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.1 | -15.36% |
| 2021 | 13.2 | 331.54% |
| 2020 | 3.05 | -232.11% |
| 2019 | -2.31 | 238.6% |
| 2018 | -0.6815 | -63.6% |
| 2017 | -1.87 | -104.06% |
| 2016 | 46.1 | -77.2% |
| 2015 | 202 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 OneConnect OCFT | -0.1863 | -103.90% | 🇨🇳 China |
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.