Coles Group
COL.AX
#1233
Rank
$14.21 B
Marketcap
$10.61
Share price
-0.12%
Change (1 day)
-10.74%
Change (1 year)
Coles Group Limited is an Australian company operating several retail chainss including the supermarket chain Coles, Coles Liquor and Coles Express.

P/E ratio for Coles Group (COL.AX)

P/E ratio at the end of 2022: 33.2

According to Coles Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6047. At the end of 2022 the company had a P/E ratio of 33.2.

P/E ratio history for Coles Group from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202233.210.48%
202130.1-10.55%
202033.692.03%
201917.5

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.