Corero Network Security
CNS.L
#8429
Rank
HK$1.08 B
Marketcap
HK$2.11
Share price
-4.44%
Change (1 day)
145.93%
Change (1 year)

P/E ratio for Corero Network Security (CNS.L)

P/E ratio at the end of 2022: 98.8

According to Corero Network Security's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22396.9. At the end of 2022 the company had a P/E ratio of 98.8.

P/E ratio history for Corero Network Security from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202298.8147.7%
202139.9-436.6%
2020-11.8209.08%
2019-3.83-58.65%
2018-9.27345.32%
2017-2.08104.47%
2016-1.02-35.97%
2015-1.5942.14%
2014-1.12-190.91%
20131.23-148.95%
2012-2.51-63.85%
2011-6.95-195.85%
20107.25-520.81%
2009-1.7256.75%
2008-1.1073.46%
2007-0.6340-98.7%
2006-48.84529.22%
2005-1.05-33.53%
2004-1.5931.73%
2003-1.20-19.88%
2002-1.50-38.69%
2001-2.45

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.