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CMGMY (Chemring Group) PE Ratio (TTM) : 283.13 (As of Dec. 15, 2024)


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What is Chemring Group PE Ratio (TTM)?

The PE Ratio (TTM), 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 (2024-12-15), Chemring Group's share price is $4.53. Chemring Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2024 was $0.02. Therefore, Chemring Group's PE Ratio (TTM) for today is 283.13.


The historical rank and industry rank for Chemring Group's PE Ratio (TTM) or its related term are showing as below:

CMGMY' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 15.82   Med: 31.37   Max: 329.55
Current: 329.55


During the past 13 years, the highest PE Ratio (TTM) of Chemring Group was 329.55. The lowest was 15.82. And the median was 31.37.


CMGMY's PE Ratio (TTM) is ranked worse than
95.87% of 218 companies
in the Aerospace & Defense industry
Industry Median: 35.62 vs CMGMY: 329.55

Chemring Group's Earnings per Share (Diluted) for the six months ended in Apr. 2024 was $0.07. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2024 was $0.02.

As of today (2024-12-15), Chemring Group's share price is $4.53. Chemring Group's EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2024 was $0.24. Therefore, Chemring Group's PE Ratio without NRI for today is 19.19.

During the past 13 years, Chemring Group's highest PE Ratio without NRI was 40.69. The lowest was 14.03. And the median was 19.54.

Chemring Group's EPS without NRI for the six months ended in Apr. 2024 was $0.08. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2024 was $0.24.

During the past 12 months, Chemring Group's average EPS without NRI Growth Rate was 24.70% per year. During the past 3 years, the average EPS without NRI Growth Rate was 10.60% per year. During the past 5 years, the average EPS without NRI Growth Rate was 22.60% per year. During the past 10 years, the average EPS without NRI Growth Rate was 8.10% per year.

During the past 13 years, Chemring Group's highest 3-Year average EPS without NRI Growth Rate was 79.20% per year. The lowest was -38.90% per year. And the median was 9.90% per year.

Chemring Group's EPS (Basic) for the six months ended in Apr. 2024 was $0.08. Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2024 was $0.02.


Chemring Group PE Ratio (TTM) Historical Data

The historical data trend for Chemring Group's PE Ratio (TTM) 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.

Chemring Group PE Ratio (TTM) Chart

Chemring Group Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.10 21.71 20.31 18.41 147.11

Chemring Group Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
PE Ratio (TTM) Get a 7-Day Free Trial 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 At Loss 18.41 At Loss 147.11 At Loss

Competitive Comparison of Chemring Group's PE Ratio (TTM)

For the Aerospace & Defense subindustry, Chemring Group's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Chemring Group's PE Ratio (TTM) Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chemring Group's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Chemring Group's PE Ratio (TTM) falls into.



Chemring Group PE Ratio (TTM) Calculation

The PE Ratio (TTM), 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.

Chemring Group's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=4.53/0.016
=283.13

Chemring Group's Share Price of today is $4.53.
For company reported semi-annually, Chemring Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.02.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

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

In the calculation of PE Ratio (TTM), 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.


Chemring Group  (OTCPK:CMGMY) PE Ratio (TTM) Explanation

The PE Ratio (TTM) 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 (TTM) 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 (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) 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 (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) 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 (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) 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 (TTM) 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 (TTM) 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 Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) 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 (TTM).


Chemring Group PE Ratio (TTM) Related Terms

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Chemring Group Business Description

Traded in Other Exchanges
Address
Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN
Chemring Group PLC is a defense technology company. The company's operating segment includes Sensors and Information; it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. and Countermeasures and Energetics segment is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials. It generates maximum revenue from the Countermeasures and Energetics segment. Geographically, the majority of the revenue for the company is generated from UK.

Chemring Group Headlines

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