Ceres Power
CWR.L
#6849
Rank
HK$3.50 B
Marketcap
HK$16.94
Share price
1.54%
Change (1 day)
-4.46%
Change (1 year)

P/E ratio for Ceres Power (CWR.L)

P/E ratio at the end of 2021: -82.9

According to Ceres Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1399.72. At the end of 2021 the company had a P/E ratio of -82.9.

P/E ratio history for Ceres Power from 2005 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-82.9-31.98%
2020-122139.42%
2019-50.9231.99%
2018-15.337.21%
2017-11.269.93%
2016-6.5715.72%
2015-5.6826.36%
2014-4.50144.39%
2013-1.84946.35%
2012-0.1758-90.25%
2011-1.80-62.25%
2010-4.78-62.65%
2009-12.8-19.05%
2008-15.8-29.37%
2007-22.4-11.03%
2006-25.189.4%
2005-13.3

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.