| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 18.36 | 56.69% |
| 2024 | 11.72 | -54.44% |
| 2023 | 25.74 | -35.37% |
| 2022 | 39.82 | 142.79% |
| 2021 | 16.40 | -35.95% |
| 2020 | 25.61 | 20.83% |
| 2019 | 21.19 | -38.14% |
| 2018 | 34.26 | 114.97% |
| 2017 | 15.93 | -9.34% |
| 2016 | 17.58 | -34.01% |
| 2015 | 26.64 | 36.80% |
| 2014 | 19.47 | -9.68% |
| 2013 | 21.56 | 39.37% |
| 2012 | 15.47 | -32.13% |
| 2011 | 22.79 | 77.25% |
| 2010 | 12.86 | -36.79% |
| 2009 | 20.34 | 0.00% |
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 6.96 | -62.09% |
CN
|
|
| 9.23 | -49.76% |
IN
|
|
| 13.37 | -27.21% |
CA
|
|
| 15.80 | -13.94% |
US
|
|
| 13.38 | -27.16% |
US
|
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.