P/E ratio for CR Energy (CRZK.DE)
P/E ratio at the end of 2023: 0.6060
According to CR Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.399409. At the end of 2023 the company had a P/E ratio of 0.6060.
P/E ratio history for CR Energy from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 0.6060 | 24.75% |
| 2022 | 0.4858 | -1.73% |
| 2021 | 0.4943 | 0.88% |
| 2020 | 0.4900 | 56.56% |
| 2019 | 0.3130 | -82.91% |
| 2018 | 1.83 | 25.58% |
| 2017 | 1.46 | -64.76% |
| 2016 | 4.14 | 14.58% |
| 2015 | 3.61 | 156.9% |
| 2014 | 1.41 | -96.6% |
| 2013 | 41.3 | -9635.31% |
| 2012 | -0.4331 | -75.25% |
| 2011 | -1.75 | 36.29% |
| 2010 | -1.28 |
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.