Codan Limited
CDA.AX
#4386
Rank
S$2.53 B
Marketcap
$13.98
Share price
0.38%
Change (1 day)
105.45%
Change (1 year)

P/E ratio for Codan Limited (CDA.AX)

P/E ratio at the end of 2023: 21.1

According to Codan Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.2379. At the end of 2023 the company had a P/E ratio of 21.1.

P/E ratio history for Codan Limited from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202321.175.18%
202212.0-61.46%
202131.263.77%
202019.145.56%
201913.114.48%
201811.446.16%
20177.83-27.88%
201610.9-22.17%
201514.042.58%
20149.78129.82%
20134.26-33.55%
20126.4116.83%
20115.48-58.21%
201013.192.6%
20096.81-90.12%
200869.0548.77%
200710.6-33.89%
200616.132.65%
200512.1-17.34%
200414.7

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.