P/E ratio for Capitec Bank (CPI.JO)
P/E ratio at the end of 2022: 23.8
According to Capitec Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.0446. At the end of 2022 the company had a P/E ratio of 23.8.
P/E ratio history for Capitec Bank from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.8 | -17.28% |
| 2021 | 28.8 | 39.13% |
| 2020 | 20.7 | -4.44% |
| 2019 | 21.6 | 54.63% |
| 2018 | 14.0 | -11.26% |
| 2017 | 15.8 | -0.49% |
| 2016 | 15.9 | 34.08% |
| 2015 | 11.8 | 85.89% |
| 2014 | 6.36 | 6.44% |
| 2013 | 5.97 | -7.5% |
| 2012 | 6.46 | -19.2% |
| 2011 | 7.99 | 26.15% |
| 2010 | 6.34 | 34.27% |
| 2009 | 4.72 | -27.29% |
| 2008 | 6.49 | -0.29% |
| 2007 | 6.51 | 2.34% |
| 2006 | 6.36 | 33.24% |
| 2005 | 4.77 | 55.95% |
| 2004 | 3.06 | -45.65% |
| 2003 | 5.63 | 281.07% |
| 2002 | 1.48 |
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.