Cass Information Systems
CASS
#6386
Rank
NZ$1.02 B
Marketcap
$75.58
Share price
0.91%
Change (1 day)
11.31%
Change (1 year)

P/E ratio for Cass Information Systems (CASS)

P/E ratio as of November 2024 (TTM): 19.3

According to Cass Information Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.345. At the end of 2022 the company had a P/E ratio of 17.8.

P/E ratio history for Cass Information Systems from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.8-8.76%
202119.5-12.45%
202022.2-19.13%
201927.57.03%
201825.7-9.97%
201728.5-15.53%
201633.833.25%
201525.3-0.51%
201425.5-22.45%
201332.959.6%
201220.626.32%
201116.3-14.95%
201019.20.85%
200919.017.95%
200816.1-14.53%
200718.8-13.89%
200621.919.26%
200518.428.06%
200414.3-6.94%
200315.424.05%
200212.40.42%
200112.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.7-3.08%๐Ÿ‡บ๐Ÿ‡ธ USA
29.0 50.07%๐Ÿ‡บ๐Ÿ‡ธ USA
44.7 131.14%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-33.83%๐Ÿ‡บ๐Ÿ‡ธ USA
34.8 80.04%๐Ÿ‡บ๐Ÿ‡ธ USA
24.1 24.71%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.15-111.11%๐Ÿ‡บ๐Ÿ‡ธ USA
37.3 93.01%๐Ÿ‡บ๐Ÿ‡ธ USA

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.