Craneware
CRW.L
#5764
Rank
C$1.17 B
Marketcap
$3,321
Share price
-1.97%
Change (1 day)
8,811.49%
Change (1 year)

P/E ratio for Craneware (CRW.L)

P/E ratio at the end of 2023: 54.6

According to Craneware's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 714473. At the end of 2023 the company had a P/E ratio of 54.6.

P/E ratio history for Craneware from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202354.6-28.54%
202276.477.64%
202143.046.85%
202029.3-21.3%
201937.22.72%
201836.238.54%
201726.133.13%
201619.623.51%
201515.920.72%
201413.234.88%
20139.7733.22%
20127.33-65.04%
201121.026.98%
201016.554.46%
200910.75.64%
200810.1

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.