P/E ratio for Culp (CULP)
P/E ratio as of April 2024 (TTM): -1.93
According to Culp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.92827. At the end of 2022 the company had a P/E ratio of -2.33.
P/E ratio history for Culp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.33 | -113.23% |
| 2021 | 17.6 | -390.74% |
| 2020 | -6.06 | -118.23% |
| 2019 | 33.2 | 123.22% |
| 2018 | 14.9 | -22.7% |
| 2017 | 19.3 | -23.82% |
| 2016 | 25.3 | 38.91% |
| 2015 | 18.2 | 20% |
| 2014 | 15.2 | -21.42% |
| 2013 | 19.3 | 77.37% |
| 2012 | 10.9 | 63.41% |
| 2011 | 6.66 | -18.4% |
| 2010 | 8.16 | -61.58% |
| 2009 | 21.2 | -3242.21% |
| 2008 | -0.6758 | |
| 2006 | -21.5 | 701.89% |
| 2005 | -2.68 | -98.03% |
| 2004 | -136 | -933.5% |
| 2003 | 16.3 | -622.51% |
| 2002 | -3.11 | -34.45% |
| 2001 | -4.75 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tempur Sealy TPX | 22.0 | -1,239.11% | 🇺🇸 USA |
 Culp CULP | -1.93 | 0.00% | 🇺🇸 USA |
 Casper Sleep CSPR | N/A | N/A | 🇺🇸 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.