Central Securities Corp.

Central Securities Corp.verified

CET

Price:

$45.58

Market Cap:

$1.29B

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Central Securities Corp. was founded on October 1, 1929 and is based in New York, New York.[Read more]

Industry

Asset Management

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

CET

The PE Ratio as of September 2024 (TTM) for Central Securities Corp. (CET) is 4.38

According to Central Securities Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 4.38. This represents a change of 76.12% compared to the average of 2.49 of the last 4 quarters.

Central Securities Corp. (CET) Historical PE Ratio (quarterly & annually)

How has CET PE Ratio performed in the past?

The mean historical PE Ratio of Central Securities Corp. over the last ten years is -0.04. The current 4.38 PE Ratio has changed -1021365.12% with respect to the historical average. Over the past ten years (40 quarters), CET's PE Ratio was at its highest in in the December 2021 quarter at 11.14. The PE Ratio was at its lowest in in the December 2018 quarter at -2.71.

Quarterly (TTM)
Annual

Average

-0.04

Median

3.72

Minimum

-27.57

Maximum

19.10

Central Securities Corp. (CET) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Central Securities Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 423.35%

Maximum Annual PE Ratio = 19.10

Minimum Annual Increase = -549.79%

Minimum Annual PE Ratio = -27.57

Quarterly (TTM)
Annual
YearPE RatioChange
20234.79-183.43%
2022-5.75-273.65%
20213.31-71.52%
202011.62240.34%
20193.41-118.84%
2018-18.12-549.79%
20174.03-14.94%
20164.74-117.18%
2015-27.57-244.29%
201419.10423.35%

Central Securities Corp. (CET) Average PE Ratio

How has CET PE Ratio performed in the past?

The current PE Ratio of Central Securities Corp. (CET) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.79

5-year avg

3.48

10-year avg

-0.04

Central Securities Corp. (CET) PE Ratio vs. Peers

How is CET’s PE Ratio compared to its peers?

Central Securities Corp.’s PE Ratio is greater than Invesco High Income 2024 Target Term Fund (3.77), less than BlackRock MuniVest Fund, Inc. (22.73), greater than Invesco High Income 2023 Target Term Fund (-39.27), less than DWS Municipal Income Trust (35.78), greater than BlackRock MuniYield Quality Fund II, Inc. (-654.04), greater than BlackRock MuniYield Quality Fund, Inc. (-3031.17), greater than BlackRock MuniHoldings Fund, Inc. (-1020.56), less than BlackRock MuniHoldings Quality Fund II, Inc. (23.27), greater than RiverNorth Flexible Municipal Income Fund II, Inc. (0), less than MFS Investment Grade Municipal Trust (28.45), less than Eaton Vance Tax-Managed Buy-Write Income Fund (7.12), greater than Virtus Diversified Income & Convertible Fund (0), less than Sprott Focus Trust, Inc. (13.97), greater than Virtus Convertible & Income 2024 Target Term Fund (0), less than Eaton Vance National Municipal Opportunities Trust (9.04), less than BlackRock MuniHoldings New York Quality Fund, Inc. (26.19), less than Nuveen California Select Tax-Free Income Portfolio (5.79), less than Federated Hermes Premier Municipal Income Fund (26.65),

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Frequently asked questions❓

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