CSL
CSL.AX
#134
Rank
$105.43 B
Marketcap
$218.66
Share price
3.03%
Change (1 day)
18.32%
Change (1 year)

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
202151.5-18.74%
202063.424.94%
201950.76.86%
201847.58.22%
201743.916.68%
201637.640.93%
201526.745.04%
201418.4-3.09%
201319.037%
201213.922.39%
201111.3-33.98%
201017.1-4.15%
200917.9-15.4%
200821.1-25.76%
200728.5-72.61%
2006104552.72%
200515.9-37.11%
200425.3-37.57%
200340.6-42.65%
200270.7-60.43%
2001179

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.