P/E ratio for Caverion (CAV1V.HE)
P/E ratio as of May 2024 (TTM): 29.3
According to Caverion 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.2781. At the end of 2022 the company had a P/E ratio of 21.7.
P/E ratio history for Caverion from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.7 | -42.39% |
| 2021 | 37.6 | -67.65% |
| 2020 | 116 | 126.26% |
| 2019 | 51.4 | -479.02% |
| 2018 | -13.6 | -46.08% |
| 2017 | -25.1 | -20.68% |
| 2016 | -31.7 | -226.3% |
| 2015 | 25.1 | -17.02% |
| 2014 | 30.2 | -8.3% |
| 2013 | 33.0 |
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.