Scentre Group
SCG.AX
#1482
Rank
$11.46 B
Marketcap
$2.21
Share price
0.89%
Change (1 day)
20.11%
Change (1 year)

P/E ratio for Scentre Group (SCG.AX)

P/E ratio at the end of 2021: 18.7

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.

P/E ratio history for Scentre Group from 2011 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202118.7-569.59%
2020-3.99-122.82%
201917.596.29%
20188.9168.86%
20175.28-35.98%
20168.24-1.14%
20158.34284.27%
20142.17-81.3%
201311.62.96%
201211.344.67%
20117.79

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.