CMRE Historical PE Ratio image   This CMRE PE ratio history page last updated 11/19/2021
CMRE Historical PE Ratio Chart
Data adjusted for CMRE split history

PeriodPriceAdj. EPSAnnualizedPE
Q3 2021
10/27/2021
13.310.662.645.0
Q2 2021
7/28/2021
10.540.471.885.6
Q1 2021
6/1/2021
11.010.311.248.9
Q4 2020
2/1/2021
8.430.271.087.8
Q3 2020
10/27/2020
6.560.220.887.5
Q2 2020
7/27/2020
5.120.261.044.9
Q1 2020
4/29/2020
5.460.271.085.1
Q4 2019
1/28/2020
8.260.321.286.5
Q3 2019
10/23/2019
7.320.261.047.0
Q2 2019
7/24/2019
5.820.230.926.3
Q1 2019
4/22/2019
5.630.120.4811.7
Q4 2018
1/23/2019
4.810.120.4810.0
Q3 2018
10/24/2018
5.430.090.3615.1
Q2 2018
7/24/2018
7.140.100.4017.8
Q1 2018
5/1/2018
6.770.120.4814.1
Q4 2017
1/23/2018
6.160.170.689.1
Q3 2017
10/24/2017
6.000.160.649.4
Q2 2017
7/25/2017
6.840.210.848.1
Q1 2017
4/27/2017
6.980.230.927.6
Q4 2016
1/26/2017
5.900.281.125.3
Q3 2016
10/24/2016
7.500.371.485.1
Q2 2016
7/27/2016
9.880.421.685.9
Q1 2016
4/20/2016
10.030.451.805.6
Q4 2015
1/27/2016
6.780.441.763.9
Q3 2015
10/22/2015
14.350.461.847.8
Q2 2015
7/21/2015
17.780.461.849.7
Q1 2015
4/28/2015
19.450.381.5212.8
Q4 2014
2/4/2015
17.600.411.6410.7
Q3 2014
10/31/2014
20.570.381.5213.5
Q2 2014
7/23/2014
23.440.411.6414.3
Q1 2014
4/29/2014
21.720.351.4015.5
Q4 2013
1/27/2014
17.960.411.6411.0
Q3 2013
10/23/2013
17.510.381.5211.5
Q2 2013
7/24/2013
17.080.371.4811.5
Q1 2013
4/24/2013
15.740.291.1613.6
Q4 2012
1/23/2013
15.370.321.2812.0
Q3 2012
10/24/2012
13.910.311.2411.2
Q2 2012
7/24/2012
13.000.311.2410.5
CMRE PE History Chart
PeriodPriceAdj. EPSTTMPE
Q3 2021
10/27/2021
13.310.661.717.8
Q2 2021
7/28/2021
10.540.471.278.3
Q1 2021
6/1/2021
11.010.311.0610.4
Q4 2020
2/1/2021
8.430.271.028.3
Q3 2020
10/27/2020
6.560.221.076.1
Q2 2020
7/27/2020
5.120.261.114.6
Q1 2020
4/29/2020
5.460.271.085.1
Q4 2019
1/28/2020
8.260.320.938.9
Q3 2019
10/23/2019
7.320.260.7310.0
Q2 2019
7/24/2019
5.820.230.5610.4
Q1 2019
4/22/2019
5.630.120.4313.1
Q4 2018
1/23/2019
4.810.120.4311.2
Q3 2018
10/24/2018
5.430.090.4811.3
Q2 2018
7/24/2018
7.140.100.5513.0
Q1 2018
5/1/2018
6.770.120.6610.3
Q4 2017
1/23/2018
6.160.170.778.0
Q3 2017
10/24/2017
6.000.160.886.8
Q2 2017
7/25/2017
6.840.211.096.3
Q1 2017
4/27/2017
6.980.231.305.4
Q4 2016
1/26/2017
5.900.281.523.9
Q3 2016
10/24/2016
7.500.371.684.5
Q2 2016
7/27/2016
9.880.421.775.6
Q1 2016
4/20/2016
10.030.451.815.5
Q4 2015
1/27/2016
6.780.441.743.9
Q3 2015
10/22/2015
14.350.461.718.4
Q2 2015
7/21/2015
17.780.461.6310.9
Q1 2015
4/28/2015
19.450.381.5812.3
Q4 2014
2/4/2015
17.600.411.5511.4
Q3 2014
10/31/2014
20.570.381.5513.3
Q2 2014
7/23/2014
23.440.411.5515.1
Q1 2014
4/29/2014
21.720.351.5114.4
Q4 2013
1/27/2014
17.960.411.4512.4
Q3 2013
10/23/2013
17.510.381.3612.9
Q2 2013
7/24/2013
17.080.371.2913.2
Q1 2013
4/24/2013
15.740.291.2312.8
Q4 2012
1/23/2013
15.370.32NANA
Q3 2012
10/24/2012
13.910.31NANA
Q2 2012
7/24/2012
13.000.31NANA
How should the CMRE historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Costamare. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this CMRE Historical PE Ratio page.

What is the average historical PE for CMRE based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The CMRE historical PE ratio using the annualized quarterly earnings method works out to 9.4.

What is the average historical PE for CMRE based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The CMRE historical PE ratio using the TTM earnings method works out to 9.3.

What is the average historical PE for CMRE based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The CMRE historical PE ratio using the annualized median TTM earnings method works out to 1.56.

On this page we presented the CMRE Historical PE Ratio information for Costamare' stock. The average CMRE historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 9.4. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average CMRE historical PE based on this TTM earnings result method is 9.3.

Let's now compare this CMRE historical PE result, against the recent PE: when this page was posted on 11/18/2021, the most recent closing price for CMRE had been 12.29, and the most recent quarterly earnings result, annualized, was 2.64. Meanwhile, the most recent TTM earnings summed to 1.71. From these numbers, we calculate the recent CMRE PE on 11/18/2021 based on annualized quarterly EPS was 4.7. Based on CMRE's history, that recent PE is low relative to the historical average, with the recent PE 50.0% lower than the historical average PE across our data set for Costamare. Looking at the recent CMRE PE on 11/18/2021 based on TTM EPS, we calculate the ratio at 7.2. Based on CMRE's history, that recent PE is low relative to the historical average, with the recent PE 22.6% lower than the average PE across our Costamare data set with TTM EPS used in the calculation at each period.

Another interesting CMRE historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for CMRE, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for CMRE, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.27, 0.31, 0.47, and 0.66. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.31 and 0.47 — which gives us the median of 0.39. Basically the way to think about this 0.39 number is this: for the trailing four earnings reports, 0.39 marks the "middle ground" number where CMRE has reported a value higher than 0.39 half the time, and has reported a value lower than 0.39 half the time. Annualizing that median value then gets us to 1.56/share, which we use as the denominator in our next PE calculation. With 12.29 as the numerator (as of 11/18/2021), the calculation is then 12.29 / 1.56 = 7.9 as the CMRE PE ratio as of 11/18/2021, based on that annualized median value we calculated.

For self directed investors doing their due diligence on CMRE or any other given stock, valuation analysis for CMRE can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Costamare PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for CMRE. Thanks for visiting, and the next time you need to research CMRE Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.
 

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