P/E ratio for Compagnie d'Entreprises CFE (CFEB.BR)
P/E ratio at the end of 2023: 8.21
According to Compagnie d'Entreprises CFE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.23453. At the end of 2023 the company had a P/E ratio of 8.21.
P/E ratio history for Compagnie d'Entreprises CFE from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 8.21 | 679.01% |
| 2022 | 1.05 | -30.78% |
| 2021 | 1.52 | -33.37% |
| 2020 | 2.29 | 66.86% |
| 2019 | 1.37 | 49.02% |
| 2018 | 0.9192 | -23.01% |
| 2017 | 1.19 | -3.79% |
| 2016 | 1.24 | 1.69% |
| 2015 | 1.22 | 34.29% |
| 2014 | 0.9088 | -241.8% |
| 2013 | -0.6409 | -185.2% |
| 2012 | 0.7523 | 37.82% |
| 2011 | 0.5458 | -21.64% |
| 2010 | 0.6966 | 56.83% |
| 2009 | 0.4442 | 40.21% |
| 2008 | 0.3168 | -61.65% |
| 2007 | 0.8260 | -95.37% |
| 2006 | 17.9 | 1439.38% |
| 2005 | 1.16 |
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.