P/E ratio for Canacol Energy (CNE.TO)
P/E ratio as of January 2026 (TTM): 0.5026
According to Canacol Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.502635. At the end of 2024 the company had a P/E ratio of -2.72.
P/E ratio history for Canacol Energy from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -2.72 | -235.18% |
| 2023 | 2.01 | 34.81% |
| 2022 | 1.49 | -93.33% |
| 2021 | 22.4 | -130.75% |
| 2020 | -72.8 | -649.34% |
| 2019 | 13.3 | -171.99% |
| 2018 | -18.4 | 559.43% |
| 2017 | -2.79 | -116.15% |
| 2016 | 17.3 | -1242.03% |
| 2015 | -1.51 | -104.32% |
| 2014 | 35.1 | -3973.1% |
| 2013 | -0.9057 | -111.92% |
| 2012 | 7.60 | -180.61% |
| 2011 | -9.43 | 40.26% |
| 2010 | -6.72 | 456.25% |
| 2009 | -1.21 | -34.99% |
| 2008 | -1.86 | -65.65% |
| 2007 | -5.41 | -14.94% |
| 2006 | -6.36 | |
| 2004 | -1.34 | -21.65% |
| 2003 | -1.71 | -77.11% |
| 2002 | -7.46 | 238% |
| 2001 | -2.21 |
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.