According to Commercial International Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.83451. At the end of 2022 the company had a P/E ratio of 6.06.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.06 | -23.79% |
2021 | 7.95 | 7.85% |
2020 | 7.37 | 1.66% |
2019 | 7.25 | -32.51% |
2018 | 10.7 | -25.59% |
2017 | 14.4 | -22.33% |
2016 | 18.6 | 76.34% |
2015 | 10.5 | -27.33% |
2014 | 14.5 | 24.6% |
2013 | 11.6 | 25.57% |
2012 | 9.27 | 19.75% |
2011 | 7.74 | -50.62% |
2010 | 15.7 | -19.5% |
2009 | 19.5 | 84.45% |
2008 | 10.6 | -75.74% |
2007 | 43.5 | 28.87% |
2006 | 33.8 | -16.56% |
2005 | 40.5 |
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.