CTP N.V.
CTPNV.AS
#2191
Rank
โ‚ฌ6.84 B
Marketcap
15,10ย โ‚ฌ
Share price
2.72%
Change (1 day)
1.20%
Change (1 year)

P/E ratio for CTP N.V. (CTPNV.AS)

P/E ratio as of November 2024 (TTM): 6.61

According to CTP N.V.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.61258. At the end of 2021 the company had a P/E ratio of 6.98.

P/E ratio history for CTP N.V. from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20216.98

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.