Concurrent Technologies
CNC.L
#8179
Rank
โ‚น16.65 B
Marketcap
โ‚น19,297
Share price
4.00%
Change (1 day)
19,021.62%
Change (1 year)

P/E ratio for Concurrent Technologies (CNC.L)

P/E ratio at the end of 2023: 17.0

According to Concurrent Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 356159. At the end of 2023 the company had a P/E ratio of 17.0.

P/E ratio history for Concurrent Technologies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.0-71.04%
202258.7197.92%
202119.7-33.65%
202029.7114.86%
201913.8-21.52%
201817.6-17.88%
201721.425.01%
201617.220.6%
201514.2-15.73%
201416.9-41.56%
201328.978.56%
201216.247.41%
201111.0-6.15%
201011.732.76%
20098.8114.93%
20087.66-9.22%
20078.44-25.79%
200611.4-17.17%
200513.7-76.32%
200458.070.67%
200334.0106.24%
200216.5-66.15%
200148.7

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.