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With a price-to-earnings (or "P/E") ratio of 48.5x Contact Energy Limited (NZSE:CEN) may be sending very bearish signals at the moment, given that almost half of all companies in New Zealand have P/E ratios under 15x and even P/E's lower than 10x are not unusual. However, the P/E might be quite high for a reason and it requires further investigation to determine if it's justified.
Recent times haven't been advantageous for Contact Energy as its earnings have been falling quicker than most other...
>>> Read more: Contact Energy Limited's (NZSE:CEN) Price In Tune With Earnings
Recent times haven't been advantageous for Contact Energy as its earnings have been falling quicker than most other...
>>> Read more: Contact Energy Limited's (NZSE:CEN) Price In Tune With Earnings
