Crayon Group
CRAYN.OL
#5522
Rank
โ‚น85.58 B
Marketcap
โ‚น935.70
Share price
-3.47%
Change (1 day)
37.53%
Change (1 year)

P/E ratio for Crayon Group (CRAYN.OL)

P/E ratio as of December 2024 (TTM): 55.1

According to Crayon Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.0737. At the end of 2023 the company had a P/E ratio of -65.7.

P/E ratio history for Crayon Group from 2018 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-65.7-119.02%
2022345388.52%
202170.7-14.63%
202082.8-125.47%
2019-325-506.25%
201880.0-430.07%
2017-24.2

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.