Castings P.L.C.
CGS.L
#8542
Rank
C$0.20 B
Marketcap
$467.17
Share price
0.20%
Change (1 day)
7,264.73%
Change (1 year)

P/E ratio for Castings P.L.C. (CGS.L)

P/E ratio at the end of 2024: 8.73

According to Castings P.L.C.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69376.3. At the end of 2024 the company had a P/E ratio of 8.73.

P/E ratio history for Castings P.L.C. from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20248.73-20.66%
202311.0-23.39%
202214.4-59.94%
202135.8164.74%
202013.5-1.68%
201913.8-21.75%
201817.612.64%
201715.632.43%
201611.87.51%
201511.025.03%
20148.784.53%
20138.4037.39%
20126.11-27.4%
20118.42-8.73%
20109.22-86.84%
200970.1937.68%
20086.76-15.94%
20078.04-14.3%
20069.387.99%
20058.691.58%
20048.55-32.85%
200312.727.47%
20029.9942.66%
20017.00

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.