Ceres Power
CWR.L
#7417
Rank
NZ$0.63 B
Marketcap
$3.21
Share price
-1.22%
Change (1 day)
-13.42%
Change (1 year)

P/E ratio for Ceres Power (CWR.L)

P/E ratio at the end of 2021: -79.7

According to Ceres Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1186.86. At the end of 2021 the company had a P/E ratio of -79.7.

P/E ratio history for Ceres Power from 2005 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-79.7-31.98%
2020-117139.42%
2019-48.9231.99%
2018-14.737.21%
2017-10.769.93%
2016-6.3215.72%
2015-5.4626.36%
2014-4.32144.39%
2013-1.77946.35%
2012-0.1691-90.25%
2011-1.73-62.25%
2010-4.59-62.65%
2009-12.3-19.05%
2008-15.2-29.37%
2007-21.5-11.03%
2006-24.289.4%
2005-12.8

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.