CNH Industrial
CNH
#1320
Rank
HK$109.60 B
Marketcap
HK$87.42
Share price
1.17%
Change (1 day)
-7.99%
Change (1 year)

P/E ratio for CNH Industrial (CNH)

P/E ratio as of October 2024 (TTM): 7.22

According to CNH Industrial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.22436. At the end of 2023 the company had a P/E ratio of 6.80.

P/E ratio history for CNH Industrial from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20236.80-36.87%
202210.8
2020-32.1-406.41%
201910.5-11.28%
201811.8-82.38%
201767.0-238.78%
2016-48.3-234.1%
201536.0132.26%
201415.5-1.95%
201315.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.1 67.25%๐Ÿ‡บ๐Ÿ‡ธ USA
6.47-10.44%๐Ÿ‡บ๐Ÿ‡ธ USA
22.6 213.49%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.