Pioupiou suggests a PE of 24 and a GUY of 3% are not too high for a stock of this quality.
For many years after the GFC, and under existing management, CCP grew its EPS by a bit over 10% pa, which was excellent. I remember being surprised at the time that the PE it commanded was only about 15. That PE was comparable to other financials (which had lower growth in EPS).
A PE of 24 for a financial is only justified by exceptional growth in EPS.
BTW I have held CCP as an income stock since 2013 and, knowing good things happen to good companies, see no reason to sell just yet.
News: CCP Credit Corp Group Ltd Posts HY Net Profit After Tax A$45.7 Million, Up 8%, page-11
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Last
$15.36 |
Change
0.270(1.79%) |
Mkt cap ! $1.045B | |||
| Open | High | Low | Value | Volume |
| $15.20 | $15.50 | $15.18 | $1.754M | 114.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700 | $15.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.40 | 700 | 1 |
View Market Depth
| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| CCP (ASX) Chart |