CIE Automotive
CIE.MC
#3418
Rank
HK$24.41 B
Marketcap
HK$203.98
Share price
0.00%
Change (1 day)
-4.17%
Change (1 year)

P/E ratio for CIE Automotive (CIE.MC)

P/E ratio at the end of 2021: 12.6

According to CIE Automotive 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.63. At the end of 2021 the company had a P/E ratio of 12.6.

P/E ratio history for CIE Automotive from 2004 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202112.6-9.37%
202013.941.95%
20199.8042.5%
20186.88-43.87%
201712.3-13.49%
201614.2-0.05%
201514.2-2.3%
201414.542.64%
201310.245.16%
20127.00-13.73%
20118.12-2.23%
20108.30-65.05%
200923.8339.61%
20085.40-51.79%
200711.2-25.46%
200615.063.56%
20059.20370.79%
20041.95

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.