CIMB Group
1023.KL
#1182
Rank
$15.49 B
Marketcap
$1.45
Share price
0.15%
Change (1 day)
30.74%
Change (1 year)

P/E ratio for CIMB Group (1023.KL)

P/E ratio as of May 2024 (TTM): 11.3

According to CIMB Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3407. At the end of 2022 the company had a P/E ratio of 11.1.

P/E ratio history for CIMB Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.1-12.59%
202112.7-64.4%
202035.7225.8%
201911.014.56%
20189.57-27.38%
201713.219.82%
201611.0-18.61%
201513.5-8.87%
201414.816.94%
201312.7-2.79%
201213.0

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.