According to Cranswick's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2010.67. At the end of 2022 the company had a P/E ratio of 17.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.6 | -6.53% |
2021 | 18.8 | -19.45% |
2020 | 23.3 | 19.27% |
2019 | 19.6 | 5.23% |
2018 | 18.6 | -4.12% |
2017 | 19.4 | -5.94% |
2016 | 20.6 | 47.44% |
2015 | 14.0 | 29.54% |
2014 | 10.8 | -3.85% |
2013 | 11.2 | 38.79% |
2012 | 8.08 | -8.61% |
2011 | 8.84 | -8.52% |
2010 | 9.67 | -19.34% |
2009 | 12.0 | 106.26% |
2008 | 5.81 | -51.42% |
2007 | 12.0 | 37.27% |
2006 | 8.71 | -10.75% |
2005 | 9.76 | 11.02% |
2004 | 8.80 | -33.18% |
2003 | 13.2 | -8.81% |
2002 | 14.4 | 58.11% |
2001 | 9.13 |
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.