According to PTT PCL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5435. At the end of 2022 the company had a P/E ratio of 10.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.3 | 2.31% |
2021 | 10.1 | -68.3% |
2020 | 31.8 | 129.27% |
2019 | 13.8 | 23.85% |
2018 | 11.2 | 18.99% |
2017 | 9.40 | |
2012 | 64.2 | 1.8% |
2011 | 63.1 | -20.59% |
2010 | 79.4 | -28.8% |
2009 | 112 |
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.