P/E ratio for Charter Hall Group (CHC.AX)
P/E ratio at the end of 2023: 25.7
According to Charter Hall Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.9065. At the end of 2023 the company had a P/E ratio of 25.7.
P/E ratio history for Charter Hall Group from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 25.7 | 365.16% |
| 2022 | 5.52 | -58.93% |
| 2021 | 13.4 | 11.28% |
| 2020 | 12.1 | -40.6% |
| 2019 | 20.3 | 88.76% |
| 2018 | 10.8 | 38.11% |
| 2017 | 7.80 | -7.49% |
| 2016 | 8.43 | -26.71% |
| 2015 | 11.5 | 0.46% |
| 2014 | 11.5 | -21.96% |
| 2013 | 14.7 | -43.15% |
| 2012 | 25.8 | 249.67% |
| 2011 | 7.38 | -99.69% |
| 2010 | > 1000 | -98924.13% |
| 2009 | -2.39 | -155.45% |
| 2008 | 4.32 | -76.49% |
| 2007 | 18.4 |
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.