Central Securities
CET
#5065
Rank
S$1.79 B
Marketcap
$63.19
Share price
-0.28%
Change (1 day)
28.98%
Change (1 year)

P/E ratio for Central Securities (CET)

P/E ratio at the end of 2021: 3.31

According to Central Securities'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 3.31.

P/E ratio history for Central Securities from 2010 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20213.31-70.13%
202011.1228.02%
20193.38-118.51%
2018-18.3-553.24%
20174.03-14.94%
20164.74-117.17%
2015-27.6-244.11%
201419.1424.54%
20133.65-90.77%
201239.5-110.44%
2011-379-8074.11%
20104.75

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.