P/E ratio for CSL (CSL.AX)
P/E ratio at the end of 2021: 51.5
According to CSL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.7507. At the end of 2021 the company had a P/E ratio of 51.5.
P/E ratio history for CSL from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 51.5 | -18.74% |
| 2020 | 63.4 | 24.94% |
| 2019 | 50.7 | 6.86% |
| 2018 | 47.5 | 8.22% |
| 2017 | 43.9 | 16.68% |
| 2016 | 37.6 | 40.93% |
| 2015 | 26.7 | 45.04% |
| 2014 | 18.4 | -3.09% |
| 2013 | 19.0 | 37% |
| 2012 | 13.9 | 22.39% |
| 2011 | 11.3 | -33.98% |
| 2010 | 17.1 | -4.15% |
| 2009 | 17.9 | -15.4% |
| 2008 | 21.1 | -25.76% |
| 2007 | 28.5 | -72.61% |
| 2006 | 104 | 552.72% |
| 2005 | 15.9 | -37.11% |
| 2004 | 25.3 | -37.57% |
| 2003 | 40.6 | -42.65% |
| 2002 | 70.7 | -60.43% |
| 2001 | 179 |
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.