According to Cloetta's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.3528. At the end of 2022 the company had a P/E ratio of 21.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 21.7 | 36.01% |
2021 | 16.0 | -36.15% |
2020 | 25.0 | 37.34% |
2019 | 18.2 | 27.23% |
2018 | 14.3 | -116.39% |
2017 | -87.4 | 103.92% |
2016 | -42.8 | -306.53% |
2015 | 20.7 | -22.91% |
2014 | 26.9 | 27.59% |
2013 | 21.1 | -144.15% |
2012 | -47.8 | |
2010 | 37.5 | -90.54% |
2009 | 397 |
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.