P/E ratio for CSL (CSL.AX)
P/E ratio at the end of 2024: 33.3
According to CSL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.4399. At the end of 2024 the company had a P/E ratio of 33.3.
P/E ratio history for CSL from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 33.3 | -12.54% |
| 2023 | 38.0 | 9.05% |
| 2022 | 34.9 | 1.01% |
| 2021 | 34.5 | -11.15% |
| 2020 | 38.9 | 22.25% |
| 2019 | 31.8 | 1.44% |
| 2018 | 31.3 | 4.19% |
| 2017 | 30.1 | 20.04% |
| 2016 | 25.1 | 37.2% |
| 2015 | 18.3 | 18.17% |
| 2014 | 15.5 | -0.04% |
| 2013 | 15.5 | 22.15% |
| 2012 | 12.7 | 17.2% |
| 2011 | 10.8 | -16.09% |
| 2010 | 12.9 | 0.03% |
| 2009 | 12.9 | -28.81% |
| 2008 | 18.1 | -17.24% |
| 2007 | 21.8 | -68.3% |
| 2006 | 68.9 | 595.81% |
| 2005 | 9.91 | -37.11% |
| 2004 | 15.8 | -37.57% |
| 2003 | 25.2 | -42.65% |
| 2002 | 44.0 | -60.43% |
| 2001 | 111 |
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.