P/E ratio for Airports of Thailand (AOT.BK)
P/E ratio as of April 2024 (TTM): 220
According to Airports of Thailand's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 219.518. At the end of 2022 the company had a P/E ratio of -163.
P/E ratio history for Airports of Thailand from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -163 | 223.41% |
| 2021 | -50.4 | -63.56% |
| 2020 | -138 | -439.08% |
| 2019 | 40.8 | 13.02% |
| 2018 | 36.1 | -18.25% |
| 2017 | 44.2 | 54.21% |
| 2016 | 28.6 | 12.55% |
| 2015 | 25.4 | -21.87% |
| 2014 | 32.6 | 159.62% |
| 2013 | 12.5 | -21.1% |
| 2012 | 15.9 | -37.12% |
| 2011 | 25.3 | -2.12% |
| 2010 | 25.8 | 47.68% |
| 2009 | 17.5 |
How to read a P/E ratio?
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.