Cmb.Tech
CMBT
#3886
Rank
NZ$4.29 B
Marketcap
$22.09
Share price
-0.84%
Change (1 day)
-27.72%
Change (1 year)

P/E ratio for Cmb.Tech (CMBT)

P/E ratio as of November 2024 (TTM): 4.74

According to Cmb.Tech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.74275. At the end of 2023 the company had a P/E ratio of 4.14.

P/E ratio history for Cmb.Tech from 2015 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20234.14-75.47%
202216.9-419.91%
2021-5.27-249.26%
20203.53-85.04%
201923.6-286.7%
2018-12.6-101.37%
201792514909.43%
20166.161.96%
20156.04

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.