According to Cavotec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -994.985. At the end of 2023 the company had a P/E ratio of > 1000.
Year | P/E ratio | Change |
---|---|---|
2023 | > 1000 | -8420% |
2022 | -86.5 | 70.48% |
2021 | -50.8 | -89.99% |
2020 | -507 | -318.13% |
2019 | 233 | -510.4% |
2018 | -56.7 | 3.25% |
2017 | -54.9 | -121.18% |
2016 | 259 | -18.86% |
2015 | 319 | 71.89% |
2014 | 186 | -13.06% |
2013 | 214 | 53.33% |
2012 | 139 | -9.5% |
2011 | 154 |
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.