According to The Cross-Harbour Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -55.1827. At the end of 2021 the company had a P/E ratio of -84.3.
Year | P/E ratio | Change |
---|---|---|
2021 | -84.3 | -1302.65% |
2020 | 7.01 | 13.52% |
2019 | 6.17 | -36.38% |
2018 | 9.70 | 138.89% |
2017 | 4.06 | -59.73% |
2016 | 10.1 | 64.19% |
2015 | 6.14 | 6.41% |
2014 | 5.77 | 9.51% |
2013 | 5.27 | -10.57% |
2012 | 5.89 | -38.69% |
2011 | 9.61 | 43.03% |
2010 | 6.72 | -23.86% |
2009 | 8.83 | -43.21% |
2008 | 15.5 | |
2006 | 12.7 | 22.84% |
2005 | 10.4 | 1.45% |
2004 | 10.2 | -4.04% |
2003 | 10.6 |
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.