CVC Limited
CVC.AX
#8445
Rank
HK$1.23 B
Marketcap
HK$10.58
Share price
1.92%
Change (1 day)
10.00%
Change (1 year)

P/E ratio for CVC Limited (CVC.AX)

P/E ratio at the end of 2023: 20.0

According to CVC Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.9515. At the end of 2023 the company had a P/E ratio of 20.0.

P/E ratio history for CVC Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202320.0-54.23%
202243.6332.62%
202110.1-113.58%
2020-74.3-45.63%
2019-137-1227.39%
201812.179.8%
20176.74-39.75%
201611.236.91%
20158.1769.5%
20144.82-47.6%
20139.2021.59%
20127.5615.4%
20116.5555.92%
20104.20-528.27%
2009-0.9816-100.98%
200899.81583.87%
20075.93-10.33%
20066.6135.11%
20054.89-52.64%
200410.3-37.31%
200316.572.1%
20029.576.81%
20018.96

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.