P/E ratio for CSI Compressco (CCLP)
P/E ratio as of May 2024 (TTM): -24.2
According to CSI Compressco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -24.2. At the end of 2022 the company had a P/E ratio of -8.31.
P/E ratio history for CSI Compressco from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.31 | 500.74% |
| 2021 | -1.38 | 99.24% |
| 2020 | -0.6945 | -88.68% |
| 2019 | -6.14 | 135.67% |
| 2018 | -2.60 | -45.43% |
| 2017 | -4.77 | 103.8% |
| 2016 | -2.34 | -8.45% |
| 2015 | -2.56 | -112.13% |
| 2014 | 21.1 | 17.23% |
| 2013 | 18.0 | 11.92% |
| 2012 | 16.1 | -48.38% |
| 2011 | 31.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 RPC RES | 6.10 | -125.20% | 🇺🇸 USA |
 Tidewater TDW | 108 | -544.57% | 🇺🇸 USA |
 Helix Energy Solutions HLX | 78.2 | -423.20% | 🇺🇸 USA |
 Frank's International
FI.defunct | N/A | N/A | 🇳🇱 Netherlands |
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.