Asiana Airlines
020560.KS
#5822
Rank
$0.58 B
Marketcap
$7.84
Share price
-0.37%
Change (1 day)
-21.99%
Change (1 year)

P/E ratio for Asiana Airlines (020560.KS)

P/E ratio as of April 2024 (TTM): 5.51

According to Asiana Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.51497. At the end of 2022 the company had a P/E ratio of -304.

P/E ratio history for Asiana Airlines from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3048913.26%
2021-3.38330.95%
2020-0.7835-48.05%
2019-1.51-64.45%
2018-4.24-211.47%
20173.81-77.45%
201616.9-357.76%
2015-6.55-129.3%
201422.4-368.58%
2013-8.32-141.88%
201219.9-151.15%
2011-38.9-658.83%
20106.95-352.3%
2009-2.76-46.24%
2008-5.13-132.18%
200715.9

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.