RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Credit Corp Group Stock

Credit Corp Group P/E 2024

Credit Corp Group P/E

20.43

Ticker

CCP.AX

ISIN

AU000000CCP3

WKN

A0D99X

As of Nov 6, 2024, Credit Corp Group's P/E ratio was 20.43, a 59.61% change from the 12.8 P/E ratio recorded in the previous year.

The Credit Corp Group P/E history

Credit Corp Group Aktienanalyse

What does Credit Corp Group do?

Credit Corp Group Ltd is an Australian company based in Sydney that specializes in the purchase and management of distressed debts. The company was founded in 1992 and has since become one of the leading debt collection companies in Australia, New Zealand, and the USA. Its business model is based on purchasing debts from other companies that are unable or unwilling to collect them. The company acquires these debts at a price below the outstanding amount and then attempts to collect them itself, earning a profit from the difference between the purchase price and the collection amount. Credit Corp Group Ltd is divided into two business segments: the debt collection division, which is responsible for purchasing distressed debts, and the financing division, which offers loans and financing to customers. The company also provides a range of services related to debt collection, including consultation and support for customers unable to repay their debts, as well as training for companies interested in collecting their own debts. In recent years, Credit Corp Group Ltd has also specialized in purchasing healthcare debts from providers such as hospitals, doctors, and dentists. The company is listed on the Australian stock exchange and has experienced significant growth in recent years, with plans to expand its international presence. Overall, Credit Corp Group Ltd is a robust company with a broad portfolio of products and services in the debt collection and financing business. It is well positioned to benefit from the growing demand for debt management services and aims to further expand its market presence in the future. Credit Corp Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Credit Corp Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Credit Corp Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Credit Corp Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Credit Corp Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Credit Corp Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Credit Corp Group stock

What is the price-to-earnings ratio of Credit Corp Group?

The price-earnings ratio of Credit Corp Group is currently 20.43.

How has the price-earnings ratio of Credit Corp Group changed compared to last year?

The price-to-earnings ratio of Credit Corp Group has increased by 59.61% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Credit Corp Group high compared to other companies?

Yes, the price-to-earnings ratio of Credit Corp Group is high compared to other companies.

How does an increase in the price-earnings ratio of Credit Corp Group affect the company?

An increase in the price-earnings ratio of Credit Corp Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Credit Corp Group affect the company?

A decrease in the price-earnings ratio of Credit Corp Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Credit Corp Group?

Some factors that influence the price-earnings ratio of Credit Corp Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Credit Corp Group pay?

Over the past 12 months, Credit Corp Group paid a dividend of 0.54 AUD . This corresponds to a dividend yield of about 3.23 %. For the coming 12 months, Credit Corp Group is expected to pay a dividend of 0.55 AUD.

What is the dividend yield of Credit Corp Group?

The current dividend yield of Credit Corp Group is 3.23 %.

When does Credit Corp Group pay dividends?

Credit Corp Group pays a quarterly dividend. This is distributed in the months of April, October, April, October.

How secure is the dividend of Credit Corp Group?

Credit Corp Group paid dividends every year for the past 24 years.

What is the dividend of Credit Corp Group?

For the upcoming 12 months, dividends amounting to 0.55 AUD are expected. This corresponds to a dividend yield of 3.26 %.

In which sector is Credit Corp Group located?

Credit Corp Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Credit Corp Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Credit Corp Group from 9/27/2024 amounting to 0.329 AUD, you needed to have the stock in your portfolio before the ex-date on 9/16/2024.

When did Credit Corp Group pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Credit Corp Group in the year 2023?

In the year 2023, Credit Corp Group distributed 1 AUD as dividends.

In which currency does Credit Corp Group pay out the dividend?

The dividends of Credit Corp Group are distributed in AUD.

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Andere Kennzahlen von Credit Corp Group

Our stock analysis for Credit Corp Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Credit Corp Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.