According to Citycon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.774. At the end of 2022 the company had a P/E ratio of -41.7.
Year | P/E ratio | Change |
---|---|---|
2022 | -41.7 | -421.69% |
2021 | 13.0 | -136.02% |
2020 | -36.0 | -115.37% |
2019 | 234 | 150.4% |
2018 | 93.5 | 333.28% |
2017 | 21.6 | 66.14% |
2016 | 13.0 | -18.82% |
2015 | 16.0 | 10.99% |
2014 | 14.4 | 37.31% |
2013 | 10.5 | 5.79% |
2012 | 9.92 | -76.33% |
2011 | 41.9 | 362.81% |
2010 | 9.06 | -149.3% |
2009 | -18.4 |
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.