P/E ratio for Close Brothers Group (CBG.L)
P/E ratio at the end of 2022: 10.8
According to Close Brothers Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Close Brothers Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | -0.31% |
| 2021 | 10.8 | -28.94% |
| 2020 | 15.2 | 41.29% |
| 2019 | 10.8 | -9.27% |
| 2018 | 11.9 | -1.23% |
| 2017 | 12.0 | 21.58% |
| 2016 | 9.87 | 2.26% |
| 2015 | 9.66 | -2.47% |
| 2014 | 9.90 | -9.52% |
| 2013 | 10.9 | 19.22% |
| 2012 | 9.18 | -84.05% |
| 2011 | 57.6 | 377.38% |
| 2010 | 12.1 | -18.36% |
| 2009 | 14.8 | 44.57% |
| 2008 | 10.2 | 78.85% |
| 2007 | 5.71 | 10.12% |
| 2006 | 5.19 | -36.39% |
| 2005 | 8.15 | -6.56% |
| 2004 | 8.73 | -25.43% |
| 2003 | 11.7 | -34.34% |
| 2002 | 17.8 | 36.22% |
| 2001 | 13.1 |
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.