CSL Limited Ratios | P/E, ROE & Valuation

On the Key Ratios page for CSL Limited (CSL), the latest P/E of 28.9 frames valuation, while ROE 7.56% and ROIC 10.37% indicates profitability and capital efficiency. Together with the current ratio of 2.57 and debt-to-equity 0.67, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

CSL Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$32.46$31.89$30.41$27.32$22.39$22.71$20.73$18.37$16.49$15.41
Net Income per Share$2.98$6.20$5.47$4.55$4.81$5.26$4.79$4.24$2.81$2.94
Operating Cash Flow per Share$7.79$7.36$5.82$8.02$7.73$8.01$5.67$3.55$3.99$2.78
Free Cash Flow per Share$6.58$5.26$3.12$2.80$4.06$4.33$2.55$0.78$1.91$0.86
Cash per Share$2.37$4.46$3.76$4.82$32.38$3.98$2.64$1.45$1.80$1.87
Book Value per Share$42.34$44.24$40.17$55.54$45.22$18.51$14.38$11.63$9.07$6.95
Tangible Book Value per Share$11.09$10.79$6.32$-20.87$33.36$10.03$9.67$5.07$2.67$4.63
Interest Debt per Share$26.91$24.57$26.09$38.94$30.27$13.14$13.54$10.65$9.90$8.93
CAPEX per Share$1.21$2.10$2.60$5.22$3.67$3.69$3.11$2.77$2.08$1.92

CSL Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)28.9125.435.6240.5738.640.6959.9335.650.6846.99
Price to Book (P/B)2.233.945.433.754.1111.619.9513.0615.8719.87
Price to Sales (P/S)2.634.946.416.768.39.4113.858.218.658.96
Enterprise Value to EBITDA10.2416.6722.1126.9224.7937.166235.7534.4233.99
EV to Sales3.365.557.127.978.199.814.368.699.139.4
EV to Operating Cash Flow13.9924.0337.2127.1723.727.7852.5144.9837.6652.14
EV to Free Cash Flow16.5733.6469.4977.7445.1151.47116.58205.6778.77168.36
Enterprise Value$52.69B$85.58B$104.65B$105.05B$85.91B$101.26B$135.04B$72.29B$68.06B$65.98B

CSL Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)7.56%15.53%15.24%9.25%10.64%28.52%33.29%36.68%31.31%42.27%
Return on Invested Capital (ROIC)10.37%7.04%6.53%3.65%4.59%13.45%13.57%19.05%15.04%13.44%
Return on Tangible Assets6.31%12.93%12.19%12.47%6.32%16.72%16.31%20.63%16.23%16.58%
Earnings Yield3.46%3.94%2.81%2.46%2.59%2.46%1.67%2.81%1.97%2.13%
Free Cash Flow Yield7.71%3.34%1.60%1.52%2.19%2.02%0.89%0.51%1.34%0.62%
Dividend Yield3.45%1.88%1.35%1.81%1.65%0.99%0.70%1.15%0.99%0.97%

CSL Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio2.572.462.182.012.322.383.012.532.612.84
Interest Coverage9.337.536.585.1516.2215.1614.913.5916.214.45
Income Quality2.61001.161.171.531.180.861.10.93
Debt to Equity0.670.590.70.770.660.690.920.891.081.26
Debt to Assets33.17%29.18%32.04%33.74%34.07%31.98%38.75%37.86%40.71%43.57%
Net Debt to EBITDA2.221.822.224.11-0.331.472.21.971.81.61

CSL Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover3.795.355.565.487.078.86.045.816.866.34
Payables Turnover2.549.268.227.898.1611.79.0112.7811.18.65
Inventory Turnover1.231.161.20.790.771.211.181.251.271.34
Days Sales Outstanding96.268.1765.6266.5651.5941.4760.4662.8753.2257.6
Days Payables Outstanding143.6739.4344.3946.2944.7331.2140.4928.5532.8942.19
Days of Inventory on Hand297.66315.56305.35463.53476.21300.51310.07292.57287.16272.36

CSL Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA10.2416.6722.1126.9224.7937.166235.7534.4233.99
Market Cap$41.25B$76.24B$94.12B$89.01B$87.04B$97.27B$130.24B$68.30B$64.50B$62.85B
Enterprise Value$52.69B$85.58B$104.65B$105.05B$85.91B$101.26B$135.04B$72.29B$68.06B$65.98B
Dividend Yield3.45%1.88%1.35%1.81%1.65%0.99%0.70%1.15%0.99%0.97%
Payout Ratio103.06%47.77%47.92%73.52%63.53%40.34%42.00%41.10%50.18%45.64%

Frequently Asked Questions

Is CSL Limited stock overvalued based on its P/E ratio?

On this page, CSL's current P/E is 28.9, compared with a multi-year average around 40.3. A lower P/E versus its own history is often interpreted as relatively cheaper valuation (all else equal). In practice, the "why" matters: check whether the lower multiple is supported by profitability and earnings quality (for example, ROE/ROIC and income quality in the table), or whether it reflects weaker fundamentals.

What is CSL Limited market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $41.25B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for CSL Limited compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to CSL Limited's own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does CSL Limited compare to its competitors in key financial ratios?

The fastest way to compare CSL Limited with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see CSL Limited outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is CSL Limited financially strong based on its ratios?

To assess whether CSL Limited is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 2.57, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 9.33, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.67, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do CSL Limited's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If CSL Limited is sustaining strong returns (for example ROE at 7.56% and ROIC at 10.37%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.