According to Charlotte's Web's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.438061. At the end of 2024 the company had a P/E ratio of -0.5181.
Year | P/E ratio | Change |
---|---|---|
2024 | -0.5181 | -57.89% |
2023 | -1.23 | -7.53% |
2022 | -1.33 | 33.47% |
2021 | -0.9970 | -92.54% |
2020 | -13.4 | -69.69% |
2019 | -44.1 | -154.48% |
2018 | 80.9 |
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.