P/E ratio for CTS Corporation (CTS)

P/E ratio history for CTS Corporation from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Sanmina SANM	14.7	-48.26%	🇺🇸 USA
Vishay Intertechnology VSH	5.40	-81.01%	🇺🇸 USA
Plexus PLXS	32.1	12.87%	🇺🇸 USA
Jabil JBL	21.4	-24.87%	🇺🇸 USA
Benchmark Electronics BHE	25.2	-11.27%	🇺🇸 USA
Celestica CLS	53.1	86.71%	🇨🇦 Canada
Littelfuse LFUS	19.5	-31.32%	🇺🇸 USA
IEC Electronics IEC	N/A	N/A	🇺🇸 USA
Vishay Precision Group VPG	8.80	-69.04%	🇺🇸 USA
Knowles KN	-8.76	-130.83%	🇺🇸 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.