Credit Corp Group
CCP.AX
#6582
Rank
NZ$0.92 B
Marketcap
$13.61
Share price
6.64%
Change (1 day)
-27.79%
Change (1 year)

P/E ratio for Credit Corp Group (CCP.AX)

P/E ratio at the end of 2024: 18.0

According to Credit Corp Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.4165. At the end of 2024 the company had a P/E ratio of 18.0.

P/E ratio history for Credit Corp Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202418.036.25%
202313.210.56%
202211.9-33.78%
202118.0-65.12%
202051.6222.27%
201916.047.7%
201810.8-9.75%
201712.023.45%
20169.73-14.72%
201511.455.37%
20147.34-15.59%
20138.7049.79%
20125.814.62%
20115.55-9.73%
20106.1575.42%
20093.51-17.11%
20084.23-77.86%
200719.121.17%
200615.850.39%
200510.5-15.66%
200412.462.73%
20037.64-30.55%
200211.00.04%
200111.0

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.