Costamare
CMRE
#4568
Rank
HK$13.50 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡จ
Country
HK$113.04
Share price
0.83%
Change (1 day)
63.71%
Change (1 year)

P/E ratio for Costamare (CMRE)

P/E ratio as of November 2024 (TTM): 3.98

According to Costamare 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.98356. At the end of 2022 the company had a P/E ratio of 2.17.

P/E ratio history for Costamare from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.17-43.82%
20213.87-108.88%
2020-43.6-365.22%
201916.427.26%
201812.920.84%
201710.756.46%
20166.839.45%
20156.24-51.46%
201412.9-4.32%
201313.415.81%
201211.618.79%
20119.7711.43%
20108.76

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
2.34-41.34%๐Ÿ‡ฌ๐Ÿ‡ท Greece
3.28-17.74%๐Ÿ‡ฌ๐Ÿ‡ท Greece
2.82-29.15%๐Ÿ‡ฌ๐Ÿ‡ท Greece
2.71-31.93%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.