P/E ratio for Cass Information Systems (CASS)
P/E ratio as of May 2024 (TTM): 19.9
According to Cass Information Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8777. At the end of 2022 the company had a P/E ratio of 17.8.
P/E ratio history for Cass Information Systems from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.8 | -8.76% |
| 2021 | 19.5 | -12.45% |
| 2020 | 22.2 | -19.13% |
| 2019 | 27.5 | 7.03% |
| 2018 | 25.7 | -9.97% |
| 2017 | 28.5 | -15.53% |
| 2016 | 33.8 | 33.25% |
| 2015 | 25.3 | -0.51% |
| 2014 | 25.5 | -22.45% |
| 2013 | 32.9 | 59.6% |
| 2012 | 20.6 | 26.32% |
| 2011 | 16.3 | -14.95% |
| 2010 | 19.2 | 0.85% |
| 2009 | 19.0 | 17.95% |
| 2008 | 16.1 | -14.53% |
| 2007 | 18.8 | -13.89% |
| 2006 | 21.9 | 19.26% |
| 2005 | 18.4 | 28.06% |
| 2004 | 14.3 | -6.94% |
| 2003 | 15.4 | 24.05% |
| 2002 | 12.4 | 0.42% |
| 2001 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Visa V | 33.7 | 69.62% | 🇺🇸 USA |
 Mastercard MA | 39.8 | 100.39% | 🇺🇸 USA |
 Fidelity National Information Services FIS | -1.95 | -109.81% | 🇺🇸 USA |
 Fleetcor FLT | 24.1 | 21.37% | 🇺🇸 USA |
 Global Payments GPN | 32.7 | 64.58% | 🇺🇸 USA |
 WEX WEX | 32.5 | 63.55% | 🇺🇸 USA |
 Newtek NEWT | 12.7 | -35.88% | 🇺🇸 USA |
 Euronet Worldwide
EEFT | 20.6 | 3.62% | 🇺🇸 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.