P/E ratio for Central Pattana (CPN.BK)
P/E ratio as of May 2024 (TTM): 21.6
According to Central Pattana 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6043. At the end of 2022 the company had a P/E ratio of 29.6.
P/E ratio history for Central Pattana from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.6 | -17.27% |
| 2021 | 35.8 | 59.51% |
| 2020 | 22.4 | -5.29% |
| 2019 | 23.7 | -21.42% |
| 2018 | 30.1 | 6.7% |
| 2017 | 28.2 | 1.97% |
| 2016 | 27.7 | 3.66% |
| 2015 | 26.7 | -4.33% |
| 2014 | 27.9 | 5.7% |
| 2013 | 26.4 | -8.03% |
| 2012 | 28.7 | -28.5% |
| 2011 | 40.2 | -20.43% |
| 2010 | 50.5 | 464.39% |
| 2009 | 8.94 |
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.