P/E ratio for Craneware (CRW.L)
P/E ratio at the end of 2023: 52.6
According to Craneware's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6005.61. At the end of 2023 the company had a P/E ratio of 52.6.
P/E ratio history for Craneware from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 52.6 | -28.54% |
| 2022 | 73.7 | 77.64% |
| 2021 | 41.5 | 46.85% |
| 2020 | 28.2 | -21.3% |
| 2019 | 35.9 | 2.72% |
| 2018 | 34.9 | 38.54% |
| 2017 | 25.2 | 33.13% |
| 2016 | 18.9 | 23.51% |
| 2015 | 15.3 | 20.72% |
| 2014 | 12.7 | 34.88% |
| 2013 | 9.42 | 33.22% |
| 2012 | 7.07 | -65.04% |
| 2011 | 20.2 | 26.98% |
| 2010 | 15.9 | 54.46% |
| 2009 | 10.3 | 5.64% |
| 2008 | 9.76 |
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.