Caisse Régionale de Crédit Agricole Mutuel Nord de France
CNDF.PA
#5838
Rank
₹69.64 B
Marketcap
₹1,204
Share price
0.09%
Change (1 day)
9.06%
Change (1 year)

P/E ratio for Caisse Régionale de Crédit Agricole Mutuel Nord de France (CNDF.PA)

P/E ratio at the end of 2023: 5.40

According to Caisse Régionale de Crédit Agricole Mutuel Nord de France's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.44769. At the end of 2023 the company had a P/E ratio of 5.40.

P/E ratio history for Caisse Régionale de Crédit Agricole Mutuel Nord de France from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20235.40-4.02%
20225.63-23.59%
20217.37-39.14%
202012.14.28%
201911.619.23%
20189.7422.72%
20177.937.72%
20167.3628.1%
20155.75-14.45%
20146.72-30.17%
20139.62-48.78%
201218.8351.47%
20114.16

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.