P/E ratio for Jardine Cycle & Carriage (C07.SI)
P/E ratio as of April 2024 (TTM): 8.65
According to Jardine Cycle & Carriage's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.65022. At the end of 2018 the company had a P/E ratio of 24.4.
P/E ratio history for Jardine Cycle & Carriage from 2009 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 24.4 | 90.99% |
| 2017 | 12.8 | -20.16% |
| 2016 | 16.0 | 20.2% |
| 2015 | 13.3 | -4.86% |
| 2014 | 14.0 | 26.89% |
| 2013 | 11.0 | -22.34% |
| 2012 | 14.2 | 10.83% |
| 2011 | 12.8 | 57.11% |
| 2010 | 8.16 | -38.34% |
| 2009 | 13.2 |
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.