City Developments
C09.SI
#3034
Rank
$3.92 B
Marketcap
$4.33
Share price
-0.85%
Change (1 day)
-19.96%
Change (1 year)

P/E ratio for City Developments (C09.SI)

P/E ratio as of March 2024 (TTM): 9.78

According to City Developments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.78401. At the end of 2018 the company had a P/E ratio of 13.5.

P/E ratio history for City Developments from 2009 to 2019

PE ratio at the end of each year

Year P/E ratio Change
201813.5-39.43%
201722.389.97%
201611.828.53%
20159.15-25.78%
201412.3-4.96%
201313.0-26.32%
201217.670.92%
201110.3-30.45%
201014.8-17.54%
200918.0

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.