Credit Corp Group
CCP.AX
#6293
Rank
โ‚น58.52 B
Marketcap
โ‚น859.84
Share price
-0.95%
Change (1 day)
-14.67%
Change (1 year)

P/E ratio for Credit Corp Group (CCP.AX)

P/E ratio at the end of 2024: 19.0

According to Credit Corp Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0043. At the end of 2024 the company had a P/E ratio of 19.0.

P/E ratio history for Credit Corp Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202419.036.25%
202313.910.56%
202212.6-33.78%
202119.0-65.12%
202054.6222.27%
201916.947.7%
201811.5-9.75%
201712.723.45%
201610.3-14.72%
201512.155.37%
20147.77-15.59%
20139.2149.79%
20126.154.62%
20115.87-9.73%
20106.5175.42%
20093.71-17.11%
20084.48-77.86%
200720.221.17%
200616.750.39%
200511.1-15.66%
200413.162.73%
20038.08-30.55%
200211.60.04%
200111.6

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.