P/E ratio for Central Securities (CET)
P/E ratio at the end of 2021: 3.31
According to Central Securities'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 3.31.
P/E ratio history for Central Securities from 2010 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.31 | -70.13% |
| 2020 | 11.1 | 228.02% |
| 2019 | 3.38 | -118.51% |
| 2018 | -18.3 | -553.24% |
| 2017 | 4.03 | -14.94% |
| 2016 | 4.74 | -117.17% |
| 2015 | -27.6 | -244.11% |
| 2014 | 19.1 | 424.54% |
| 2013 | 3.65 | -90.77% |
| 2012 | 39.5 | -110.44% |
| 2011 | -379 | -8074.11% |
| 2010 | 4.75 |
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.