Corero Network Security
CNS.L
#8653
Rank
NZ$0.22 B
Marketcap
$0.44
Share price
-1.50%
Change (1 day)
176.15%
Change (1 year)

P/E ratio for Corero Network Security (CNS.L)

P/E ratio at the end of 2022: 97.0

According to Corero Network Security's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20449.2. At the end of 2022 the company had a P/E ratio of 97.0.

P/E ratio history for Corero Network Security from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202297.0147.7%
202139.2-436.6%
2020-11.6209.08%
2019-3.77-58.65%
2018-9.11345.32%
2017-2.04104.47%
2016-1.0000-35.97%
2015-1.5642.14%
2014-1.10-190.91%
20131.21-148.95%
2012-2.47-63.85%
2011-6.83-195.85%
20107.13-520.81%
2009-1.6956.75%
2008-1.0873.46%
2007-0.6228-98.7%
2006-48.04529.22%
2005-1.04-33.53%
2004-1.5631.73%
2003-1.18-19.88%
2002-1.48-38.69%
2001-2.41

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.