P/E ratio for Cemex (CX)
P/E ratio as of May 2024 (TTM): 0.9645
According to Cemex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.964547. At the end of 2022 the company had a P/E ratio of 0.2586.
P/E ratio history for Cemex from 2002 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.2586 | -126.89% |
| 2021 | -0.9617 | -81.47% |
| 2020 | -5.19 | -102.88% |
| 2019 | 180 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Martin Marietta MLM | 34.9 | 3,519.05% | 🇺🇸 USA |
 Vulcan Materials VMC | 43.6 | 4,419.16% | 🇺🇸 USA |
 Eagle Materials
EXP | 19.4 | 1,913.84% | 🇺🇸 USA |
 Cement Roadstone Holding
CRH | N/A | N/A | 🇮🇪 Ireland |
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.