CVS Group
CVSG.L
#5581
Rank
A$1.92 B
Marketcap
A$27.31
Share price
1.19%
Change (1 day)
68.92%
Change (1 year)

P/E ratio for CVS Group (CVSG.L)

P/E ratio at the end of 2024: 132

According to CVS Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16784.2. At the end of 2024 the company had a P/E ratio of 132.

P/E ratio history for CVS Group from 2008 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024132271.85%
202335.6-30.56%
202251.3-40.41%
202186.0-36.96%
2020136100%
201968.2-6.16%
201872.73.5%
201770.26.69%
201665.836.53%
201548.258.53%
201430.429.75%
201323.48.16%
201221.742.05%
201115.3-4.18%
201015.9-18.35%
200919.5-107.94%
2008-246

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.