P/E ratio for Cymbria (CYB.TO)
P/E ratio as of May 2024 (TTM): 8.86
According to Cymbria's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.85905. At the end of 2022 the company had a P/E ratio of -16.3.
P/E ratio history for Cymbria from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -16.3 | -374.39% |
| 2021 | 5.95 | -107.48% |
| 2020 | -79.5 | -1132.48% |
| 2019 | 7.70 | -89.28% |
| 2018 | 71.9 | 971.78% |
| 2017 | 6.70 | -30.14% |
| 2016 | 9.60 | 38.14% |
| 2015 | 6.95 |
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.