P/E ratio for CVC Limited (CVC.AX)
P/E ratio at the end of 2023: 18.7
According to CVC Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1072. At the end of 2023 the company had a P/E ratio of 18.7.
P/E ratio history for CVC Limited from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 18.7 | -54.23% |
| 2022 | 40.9 | 332.62% |
| 2021 | 9.44 | -113.58% |
| 2020 | -69.6 | -45.63% |
| 2019 | -128 | -1227.39% |
| 2018 | 11.3 | 79.8% |
| 2017 | 6.31 | -39.75% |
| 2016 | 10.5 | 36.91% |
| 2015 | 7.65 | 69.5% |
| 2014 | 4.51 | -47.6% |
| 2013 | 8.62 | 21.59% |
| 2012 | 7.09 | 15.4% |
| 2011 | 6.14 | 55.92% |
| 2010 | 3.94 | -528.27% |
| 2009 | -0.9196 | -100.98% |
| 2008 | 93.5 | 1583.87% |
| 2007 | 5.55 | -10.33% |
| 2006 | 6.19 | 35.11% |
| 2005 | 4.58 | -52.64% |
| 2004 | 9.67 | -37.31% |
| 2003 | 15.4 | 72.1% |
| 2002 | 8.97 | 6.81% |
| 2001 | 8.40 |
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.