Carr's Group
CARR.L
#8461
Rank
NZ$0.23 B
Marketcap
$2.45
Share price
-5.00%
Change (1 day)
9.92%
Change (1 year)

P/E ratio for Carr's Group (CARR.L)

P/E ratio at the end of 2023: -442

According to Carr's Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -37673.9. At the end of 2023 the company had a P/E ratio of -442.

P/E ratio history for Carr's Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-442-1000.47%
202249.1166.28%
202118.460.93%
202011.53.85%
201911.0-1.07%
201811.2-40.88%
201718.976.42%
201610.710.31%
20159.69-7.47%
201410.511.33%
20139.4117.33%
20128.02254.67%
20112.26-69.69%
20107.466.56%
20097.0036.54%
20085.13-22.31%
20076.60-12.78%
20067.5774.5%
20054.34-27.4%
20045.97-28.83%
20038.3987.38%
20024.487.18%
20014.18

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.