CVR Energy
CVI
#4688
Rank
ยฃ1.24 B
Marketcap
ยฃ12.36
Share price
0.44%
Change (1 day)
-55.06%
Change (1 year)

P/E ratio for CVR Energy (CVI)

P/E ratio as of November 2024 (TTM): 2.03

According to CVR Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.03439. At the end of 2022 the company had a P/E ratio of 6.81.

P/E ratio history for CVR Energy from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.81-90.27%
202170.0-1298.7%
2020-5.84-154.63%
201910.7-3.53%
201811.1-19.32%
201713.7-84.85%
201690.7349.36%
201520.24.26%
201419.490.3%
201310.2-9.11%
201211.2138.39%
20114.69-94.74%
201089.3941.33%
20098.58309.46%
20082.09-100.21%
2007< -1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-38.4-1,988.44%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.6-1,063.18%๐Ÿ‡บ๐Ÿ‡ธ USA
7.24 256.01%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 426.10%๐Ÿ‡บ๐Ÿ‡ธ USA
5.33 161.81%๐Ÿ‡บ๐Ÿ‡ธ USA
4.37 114.66%๐Ÿ‡บ๐Ÿ‡ธ USA

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.