Contact Energy
CEN.NZ
#2982
Rank
$4.07 B
Marketcap
$5.17
Share price
1.41%
Change (1 day)
9.77%
Change (1 year)
Contact Energy Ltd. is a leading power generation and utility company based in Harbor City Tower in Wellington, New Zealand. The company provides around a quarter of the total electricity supply of New Zealand and almost half of the gas supply.

P/E ratio for Contact Energy (CEN.NZ)

P/E ratio at the end of 2022: 31.9

According to Contact Energy '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 31.9.

P/E ratio history for Contact Energy from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202231.9-3.16%
202133.0-7.55%
202035.7120.34%
201916.2-49.1%
201831.827.66%
201724.9-143.84%
2016-56.8-311.02%
201526.960.14%
201416.8-10.16%
201318.74.59%
201217.9-20.11%
201122.42.09%
201021.9-23.63%
200928.745.23%
200819.8-8.78%
200721.747.49%
200614.7
200424.1-1.58%
200324.520.11%
200220.436.66%
200114.9

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.