P/E ratio for Crown Holdings (CCK)
P/E ratio as of June 2023 (TTM): 15.7
According to Crown Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.728. At the end of 2021 the company had a P/E ratio of -23.9.
P/E ratio history for Crown Holdings from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -23.9 | -203.95% |
| 2020 | 23.0 | 20.98% |
| 2019 | 19.0 | 50.68% |
| 2018 | 12.6 | -46.76% |
| 2017 | 23.7 | |
| 2015 | 17.8 | -1.31% |
| 2014 | 18.0 | -2.4% |
| 2013 | 18.5 | 91.42% |
| 2012 | 9.66 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anheuser-Busch Inbev BUD | 32.5 | 106.36% | 🇧🇪 Belgium |
 Ball Corporation
BALL | 37.8 | 140.37% | 🇺🇸 USA |
 Silgan Holdings
SLGN | 15.4 | -2.04% | 🇺🇸 USA |
 O-I Glass
OI | 4.85 | -69.14% | 🇺🇸 USA |
 AptarGroup ATR | 31.3 | 98.86% | 🇺🇸 USA |
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.