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Currency Exchange International (OTCPK:CURN) PE Ratio

: 11.77 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-03-03), Currency Exchange International's share price is $17.78. Currency Exchange International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $1.51. Therefore, Currency Exchange International's PE Ratio for today is 11.77.

During the past 13 years, Currency Exchange International's highest PE Ratio was 50.87. The lowest was 7.68. And the median was 30.42.

Currency Exchange International's EPS (Diluted) for the three months ended in Oct. 2023 was $0.34. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $1.51.

As of today (2024-03-03), Currency Exchange International's share price is $17.78. Currency Exchange International's EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2023 was $1.43. Therefore, Currency Exchange International's PE Ratio without NRI ratio for today is 12.44.

During the past 13 years, Currency Exchange International's highest PE Ratio without NRI was 51.96. The lowest was 7.04. And the median was 30.72.

Currency Exchange International's EPS without NRI for the three months ended in Oct. 2023 was $0.39. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2023 was $1.43.

During the past 12 months, Currency Exchange International's average EPS without NRI Growth Rate was -26.20% per year.

During the past 13 years, Currency Exchange International's highest 3-Year average EPS without NRI Growth Rate was 348.30% per year. The lowest was -10.10% per year. And the median was 1.70% per year.

Currency Exchange International's EPS (Basic) for the three months ended in Oct. 2023 was $0.36. Its EPS (Basic) for the trailing twelve months (TTM) ended in Oct. 2023 was $1.59.

Back to Basics: PE Ratio


Currency Exchange International PE Ratio Historical Data

The historical data trend for Currency Exchange International's PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Currency Exchange International Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.50 At Loss At Loss 7.60 9.67

Currency Exchange International Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.60 10.53 9.78 10.85 9.67

Competitive Comparison

For the Capital Markets subindustry, Currency Exchange International's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Currency Exchange International PE Ratio Distribution

For the Capital Markets industry and Financial Services sector, Currency Exchange International's PE Ratio distribution charts can be found below:

* The bar in red indicates where Currency Exchange International's PE Ratio falls into.



Currency Exchange International PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Currency Exchange International's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=17.78/1.510
=11.77

Currency Exchange International's Share Price of today is $17.78.
Currency Exchange International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.51.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Currency Exchange International  (OTCPK:CURN) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Currency Exchange International PE Ratio Related Terms

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Currency Exchange International (OTCPK:CURN) Business Description

Traded in Other Exchanges
Address
6675 Westwood Boulevard, Suite 300, Orlando, FL, USA, 32821
Currency Exchange International Corp operates as a money service and payments business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.

Currency Exchange International (OTCPK:CURN) Headlines