Cemex
CX
#2021
Rank
NZ$13.42 B
Marketcap
$9.25
Share price
-0.18%
Change (1 day)
-16.96%
Change (1 year)

P/E ratio for Cemex (CX)

P/E ratio as of November 2024 (TTM): 0.6638

According to Cemex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.663813. At the end of 2022 the company had a P/E ratio of 0.2586.

P/E ratio history for Cemex from 2002 to 2018

PE ratio at the end of each year

Year P/E ratio Change
20220.2586-126.89%
2021-0.9617-81.47%
2020-5.19-102.88%
2019180

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡ฎ๐Ÿ‡ช Ireland
33.9 5,002.22%๐Ÿ‡บ๐Ÿ‡ธ USA
44.7 6,639.23%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8 3,187.36%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.