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CSC Financial Co (HKSE:06066) PE Ratio (TTM) : 7.68 (As of May. 11, 2024)


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What is CSC Financial Co PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-05-11), CSC Financial Co's share price is HK$6.55. CSC Financial Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.85. Therefore, CSC Financial Co's PE Ratio (TTM) for today is 7.68.


The historical rank and industry rank for CSC Financial Co's PE Ratio (TTM) or its related term are showing as below:

HKSE:06066' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 3.87   Med: 7.93   Max: 18.64
Current: 7.68


During the past 11 years, the highest PE Ratio (TTM) of CSC Financial Co was 18.64. The lowest was 3.87. And the median was 7.93.


HKSE:06066's PE Ratio (TTM) is ranked better than
83.81% of 556 companies
in the Capital Markets industry
Industry Median: 19.265 vs HKSE:06066: 7.68

CSC Financial Co's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.32. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.85.

As of today (2024-05-11), CSC Financial Co's share price is HK$6.55. CSC Financial Co's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.60. Therefore, CSC Financial Co's PE Ratio without NRI for today is 10.90.

During the past 11 years, CSC Financial Co's highest PE Ratio without NRI was 29.37. The lowest was 3.70. And the median was 8.69.

CSC Financial Co's EPS without NRI for the six months ended in Dec. 2023 was HK$-0.06. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.60.

During the past 12 months, CSC Financial Co's average EPS without NRI Growth Rate was 91.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was -29.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was -1.20% per year. During the past 10 years, the average EPS without NRI Growth Rate was 1.80% per year.

During the past 11 years, CSC Financial Co's highest 3-Year average EPS without NRI Growth Rate was 62.00% per year. The lowest was -36.80% per year. And the median was -3.95% per year.

CSC Financial Co's EPS (Basic) for the six months ended in Dec. 2023 was HK$0.32. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.85.


CSC Financial Co PE Ratio (TTM) Historical Data

The historical data trend for CSC Financial Co's PE Ratio (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CSC Financial Co PE Ratio (TTM) Chart

CSC Financial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.01 7.18 5.57 7.11 8.09

CSC Financial Co Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.57 At Loss 7.11 At Loss 8.09

Competitive Comparison of CSC Financial Co's PE Ratio (TTM)

For the Capital Markets subindustry, CSC Financial Co's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CSC Financial Co's PE Ratio (TTM) Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CSC Financial Co's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where CSC Financial Co's PE Ratio (TTM) falls into.



CSC Financial Co PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

CSC Financial Co's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=6.55/0.853
=7.68

CSC Financial Co's Share Price of today is HK$6.55.
For company reported semi-annually, CSC Financial Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.85.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


CSC Financial Co  (HKSE:06066) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


CSC Financial Co PE Ratio (TTM) Related Terms

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CSC Financial Co (HKSE:06066) Business Description

Traded in Other Exchanges
Address
No. 188 Chaonei Avenue, Hongan International Building, Dongcheng District, Beijing, CHN, 100010
CSC Financial Co Ltd is engaged in providing capital markets services. The operating segments of the company include investment banking business which includes equity financing business, debt financing business, and financial advisory business; wealth management business which includes brokerage and wealth management business, margin financing, security lending business, and repurchase business; trading and institutional client services business which include equity sales, fixed income sales, and prime brokerage business, and asset management business which include asset management business and fund management business. The company derives the majority of its revenue from the trading and institutional client services segment.

CSC Financial Co (HKSE:06066) Headlines

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