According to CIMB Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4978. At the end of 2022 the company had a P/E ratio of 11.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.1 | -12.59% |
2021 | 12.7 | -64.4% |
2020 | 35.7 | 225.8% |
2019 | 11.0 | 14.56% |
2018 | 9.57 | -27.38% |
2017 | 13.2 | 19.82% |
2016 | 11.0 | -18.61% |
2015 | 13.5 | -8.87% |
2014 | 14.8 | 16.94% |
2013 | 12.7 | -2.79% |
2012 | 13.0 |
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.