According to Advanced Info Service (AIS)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0806. At the end of 2022 the company had a P/E ratio of 22.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.3 | -12.41% |
2021 | 25.4 | 33.28% |
2020 | 19.1 | -5.9% |
2019 | 20.3 | 16.69% |
2018 | 17.4 | -7.89% |
2017 | 18.9 | 32.5% |
2016 | 14.2 | 23.42% |
2015 | 11.5 | -44.27% |
2014 | 20.7 | 35.11% |
2013 | 15.3 | -13.97% |
2012 | 17.8 | -5.02% |
2011 | 18.8 | 52.49% |
2010 | 12.3 | -18.09% |
2009 | 15.0 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.