P/E ratio for Castings P.L.C. (CGS.L)
P/E ratio at the end of 2024: 8.73
According to Castings P.L.C.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 72184.1. At the end of 2024 the company had a P/E ratio of 8.73.
P/E ratio history for Castings P.L.C. from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 8.73 | -20.66% |
| 2023 | 11.0 | -23.39% |
| 2022 | 14.4 | -59.94% |
| 2021 | 35.8 | 164.74% |
| 2020 | 13.5 | -1.68% |
| 2019 | 13.8 | -21.75% |
| 2018 | 17.6 | 12.64% |
| 2017 | 15.6 | 32.43% |
| 2016 | 11.8 | 7.51% |
| 2015 | 11.0 | 25.03% |
| 2014 | 8.78 | 4.53% |
| 2013 | 8.40 | 37.39% |
| 2012 | 6.11 | -27.4% |
| 2011 | 8.42 | -8.73% |
| 2010 | 9.22 | -86.84% |
| 2009 | 70.1 | 937.68% |
| 2008 | 6.76 | -15.94% |
| 2007 | 8.04 | -14.3% |
| 2006 | 9.38 | 7.99% |
| 2005 | 8.69 | 1.58% |
| 2004 | 8.55 | -32.85% |
| 2003 | 12.7 | 27.47% |
| 2002 | 9.99 | 42.66% |
| 2001 | 7.00 |
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.