Corbion
CRBN.AS
#5064
Rank
C$1.86 B
Marketcap
$32.07
Share price
-0.65%
Change (1 day)
13.98%
Change (1 year)
Categories

P/E ratio for Corbion (CRBN.AS)

P/E ratio at the end of 2022: 20.8

According to Corbion's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 20.8.

P/E ratio history for Corbion from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202220.8-33.59%
202131.3-16.52%
202037.5-42.04%
201964.8146.27%
201826.342.22%
201718.526.54%
201614.6-14.96%
201517.2-143.19%
2014-39.8-97.4%
2013< -10008722.32%
2012-17.4268.03%
2011-4.72-125.6%
201018.424.6%
200914.869.74%
20088.7112.34%
20077.75-60.92%
200619.8392.86%
20054.033485.6%
20040.1123-98.54%
20037.70-3.23%
20027.96

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.