Cardiovascular Systems
CSII
#5840
Rank
C$1.17 B
Marketcap
$27.88
Share price
0.15%
Change (1 day)
25.49%
Change (1 year)
Categories

P/E ratio for Cardiovascular Systems (CSII)

P/E ratio on June 30, 2023 (TTM): -20.6

According to Cardiovascular Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.6186. At the end of 2021 the company had a P/E ratio of -25.4.

P/E ratio history for Cardiovascular Systems from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-25.4-67.44%
2020-77.9-66.31%
2019-231-132.49%
2018712-400.65%
2017-237751.31%
2016-27.8174.23%
2015-10.1-64.24%
2014-28.4-2.35%
2013-29.1133.86%
2012-12.4-5.39%
2011-13.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
42.7-307.03%๐Ÿ‡บ๐Ÿ‡ธ USA
87.8-525.73%๐Ÿ‡บ๐Ÿ‡ธ USA
110-632.32%๐Ÿ‡บ๐Ÿ‡ธ USA
60.5-393.59%๐Ÿ‡บ๐Ÿ‡ธ USA
31.7-253.72%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
11.0-153.43%๐Ÿ‡บ๐Ÿ‡ธ USA

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.