CDSL
CDSL.NS
#3164
Rank
NZ$6.49 B
Marketcap
$31.06
Share price
-1.90%
Change (1 day)
71.50%
Change (1 year)

P/E ratio for CDSL (CDSL.NS)

P/E ratio as of November 2024 (TTM): 50.0

According to CDSL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.0403. At the end of 2022 the company had a P/E ratio of 20.1.

P/E ratio history for CDSL from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.1-26.97%
202127.574.95%
202015.750.09%
201910.5-5.16%
201811.0-40.19%
201718.5

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.