P/E ratio for ComfortDelGro (C52.SI)
P/E ratio as of April 2024 (TTM): 11.9
According to ComfortDelGro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8833. At the end of 2018 the company had a P/E ratio of 15.3.
P/E ratio history for ComfortDelGro from 2009 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 15.3 | 8.12% |
| 2017 | 14.2 | -15.41% |
| 2016 | 16.8 | -22.59% |
| 2015 | 21.7 | 10.8% |
| 2014 | 19.6 | 20.89% |
| 2013 | 16.2 | 8.1% |
| 2012 | 15.0 | 19.24% |
| 2011 | 12.6 | -12.99% |
| 2010 | 14.4 | -6.87% |
| 2009 | 15.5 |
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.