P/E ratio for Carabao Group (CBG.BK)
P/E ratio as of May 2024 (TTM): 41.6
According to Carabao Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.5953. At the end of 2022 the company had a P/E ratio of 42.2.
P/E ratio history for Carabao Group from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 42.2 | 1.82% |
| 2021 | 41.5 | 27.96% |
| 2020 | 32.4 | -3.14% |
| 2019 | 33.5 | 24.28% |
| 2018 | 26.9 | -58.3% |
| 2017 | 64.6 | 26.23% |
| 2016 | 51.2 | 86.9% |
| 2015 | 27.4 | 0.53% |
| 2014 | 27.2 |
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.