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
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$13.42 |
Change
0.080(0.60%) |
Mkt cap ! $911.4M | |||
| Open | High | Low | Value | Volume |
| $13.20 | $13.61 | $12.89 | $1.467M | 110.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 160 | $13.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.44 | 276 | 6 |
View Market Depth
| Last trade - 12.28pm 26/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |