Calian Group
CGY.TO
#6993
Rank
โ‚ฌ0.39 B
Marketcap
33,03ย โ‚ฌ
Share price
-0.84%
Change (1 day)
-5.27%
Change (1 year)

P/E ratio for Calian Group (CGY.TO)

P/E ratio as of November 2024 (TTM): 27.3

According to Calian Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.3188. At the end of 2023 the company had a P/E ratio of 33.9.

P/E ratio history for Calian Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202333.9-39.09%
202255.7

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.