Clarivate
CLVT
#3273
Rank
C$5.08 B
Marketcap
$7.16
Share price
1.63%
Change (1 day)
-41.64%
Change (1 year)

P/E ratio for Clarivate (CLVT)

P/E ratio as of December 2024 (TTM): -0.8016

According to Clarivate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.801587. At the end of 2022 the company had a P/E ratio of -1.39.

P/E ratio history for Clarivate from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.39-97.05%
2021-47.044.08%
2020-32.640.73%
2019-23.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-21.5 2,582.62%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.