P/E ratio for Celcomdigi (6947.KL)
P/E ratio as of May 2024 (TTM): 43.4
According to Celcomdigi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.4032. At the end of 2022 the company had a P/E ratio of 42.6.
P/E ratio history for Celcomdigi from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 42.6 | 45.42% |
| 2021 | 29.3 | 10.97% |
| 2020 | 26.4 | 8.79% |
| 2019 | 24.2 | 6.65% |
| 2018 | 22.7 | -15.29% |
| 2017 | 26.8 | 16.64% |
| 2016 | 23.0 | -5.49% |
| 2015 | 24.3 | 2.94% |
| 2014 | 23.6 | 4.38% |
| 2013 | 22.6 | -33.64% |
| 2012 | 34.1 |
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.