According to CBRE Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.2251. At the end of 2022 the company had a P/E ratio of 17.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.7 | -10.45% |
2021 | 19.8 | -29.28% |
2020 | 28.0 | 74.51% |
2019 | 16.0 | 25.42% |
2018 | 12.8 | -37.97% |
2017 | 20.6 | 11.34% |
2016 | 18.5 | -11.61% |
2015 | 21.0 | -10.05% |
2014 | 23.3 | -14.95% |
2013 | 27.4 | 33.54% |
2012 | 20.5 | 1.09% |
2011 | 20.3 | -37.57% |
2010 | 32.5 | -73.65% |
2009 | 123 | -13835.63% |
2008 | -0.8981 | -107.13% |
2007 | 12.6 | -46.86% |
2006 | 23.7 | 19.28% |
2005 | 19.9 | -43.7% |
2004 | 35.3 |
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.