According to Scentre Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 18.7.
Year | P/E ratio | Change |
---|---|---|
2021 | 18.7 | -569.59% |
2020 | -3.99 | -122.82% |
2019 | 17.5 | 96.29% |
2018 | 8.91 | 68.86% |
2017 | 5.28 | -35.98% |
2016 | 8.24 | -1.14% |
2015 | 8.34 | 284.27% |
2014 | 2.17 | -81.3% |
2013 | 11.6 | 2.96% |
2012 | 11.3 | 44.67% |
2011 | 7.79 |
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.