Scentre Group
SCG.AX
#1422
Rank
$10.99 B
Marketcap
$2.12
Share price
-0.98%
Change (1 day)
2.42%
Change (1 year)

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

P/E ratio at the end of 2021: 18.0

According to Scentre Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.0708. At the end of 2021 the company had a P/E ratio of 18.0.

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

PE ratio at the end of each year

Year P/E ratio Change
202118.0-598.05%
2020-3.62-120.78%
201917.497.51%
20188.8187.01%
20174.71-40.84%
20167.96-0.11%
20157.97331.69%
20141.85-79.62%
20139.0619.95%
20127.5642.11%
20115.32

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.