Ceconomy
CEC.DE
#5068
Rank
NZ$2.31 B
Marketcap
$4.78
Share price
-0.92%
Change (1 day)
11.23%
Change (1 year)

P/E ratio for Ceconomy (CEC.DE)

P/E ratio as of December 2024 (TTM): < -1000

According to Ceconomy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5557.92. At the end of 2022 the company had a P/E ratio of 8.96.

P/E ratio history for Ceconomy from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.9632.36%
20216.77-182.43%
2020-8.21-177.45%
201910.6-333.01%
2018-4.55-211.52%
20174.08-69.26%
201613.3251.48%
20153.78-89.26%
201435.1262.64%
20139.69-90.09%
201297.71994.74%
20114.67-29.49%
20106.62-43.04%
200911.6

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.