CIE Automotive
CIE.MC
#3594
Rank
S$3.85 B
Marketcap
$32.20
Share price
0.66%
Change (1 day)
-11.01%
Change (1 year)

P/E ratio for CIE Automotive (CIE.MC)

P/E ratio at the end of 2021: 11.5

According to CIE Automotive 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.68743. At the end of 2021 the company had a P/E ratio of 11.5.

P/E ratio history for CIE Automotive from 2004 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202111.5-9.37%
202012.741.95%
20198.9742.5%
20186.29-43.87%
201711.2-13.49%
201613.0-0.05%
201513.0-2.3%
201413.342.64%
20139.3045.16%
20126.41-13.73%
20117.43-2.23%
20107.60-65.05%
200921.7339.61%
20084.95-51.79%
200710.3-25.46%
200613.863.56%
20058.41370.79%
20041.79

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.