CatchMark Timber Trust
CTT
#6667
Rank
โ‚น43.14 B
Marketcap
โ‚น875.28
Share price
-1.43%
Change (1 day)
26.12%
Change (1 year)

P/E ratio for CatchMark Timber Trust (CTT)

P/E ratio on November 17, 2022 (TTM): 8.94

According to CatchMark Timber Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.93966. At the end of 2021 the company had a P/E ratio of 7.20.

P/E ratio history for CatchMark Timber Trust from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.20-128.46%
2020-25.3319.05%
2019-6.04112.56%
2018-2.84-92.86%
2017-39.82.47%
2016-38.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
134 1,393.75%๐Ÿ‡บ๐Ÿ‡ธ USA
452 4,953.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.7-242.32%๐Ÿ‡บ๐Ÿ‡ธ USA
64.4 619.85%๐Ÿ‡บ๐Ÿ‡ธ 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.