P/E ratio for Canfor (CFP.TO)
P/E ratio as of April 2025 (TTM): -5.35
According to Canfor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.34794. At the end of 2022 the company had a P/E ratio of 3.35.
P/E ratio history for Canfor from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.35 | 12.25% |
| 2021 | 2.99 | -43.62% |
| 2020 | 5.29 | -191.16% |
| 2019 | -5.81 | -197.69% |
| 2018 | 5.95 | -36.89% |
| 2017 | 9.42 | -29.66% |
| 2016 | 13.4 | -88.06% |
| 2015 | 112 | 388.17% |
| 2014 | 23.0 | 37.89% |
| 2013 | 16.7 | -81.91% |
| 2012 | 92.1 | -445.96% |
| 2011 | -26.6 | -236.72% |
| 2010 | 19.5 | -219.76% |
| 2009 | -16.3 | 417.75% |
| 2008 | -3.14 | -8.99% |
| 2007 | -3.45 | -205.85% |
| 2006 | 3.26 | -83.74% |
| 2005 | 20.0 | 332.92% |
| 2004 | 4.63 | -7.15% |
| 2003 | 4.99 | -96.06% |
| 2002 | 126 | 145.12% |
| 2001 | 51.6 |
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.