Care Property Invest NV
CPINV.BR
#6226
Rank
โ‚ฌ0.55 B
Marketcap
14,92ย โ‚ฌ
Share price
0.13%
Change (1 day)
22.24%
Change (1 year)

P/E ratio for Care Property Invest NV (CPINV.BR)

P/E ratio as of September 2024 (TTM): 7.21

According to Care Property Invest NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.21234. At the end of 2022 the company had a P/E ratio of 4.93.

P/E ratio history for Care Property Invest NV from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.93-56%
202111.2-64.18%
202031.340.23%
201922.331.48%
201817.0-17.33%
201720.5

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.