P/E ratio for Central Plaza Hotel (CENTEL.BK)
P/E ratio as of May 2024 (TTM): 47.7
According to Central Plaza Hotel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.6741. At the end of 2022 the company had a P/E ratio of 173.
P/E ratio history for Central Plaza Hotel from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 173 | -809.74% |
| 2021 | -24.4 | 111.18% |
| 2020 | -11.6 | -159.65% |
| 2019 | 19.4 | -22% |
| 2018 | 24.8 | -36.88% |
| 2017 | 39.4 | 35.65% |
| 2016 | 29.0 | -18.89% |
| 2015 | 35.8 | 0.39% |
| 2014 | 35.6 | 35.74% |
| 2013 | 26.3 | 16.89% |
| 2012 | 22.5 | -7.92% |
| 2011 | 24.4 | -119.67% |
| 2010 | -124 | -246.92% |
| 2009 | 84.4 |
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.