P/E ratio for Bangkok Airways (BA.BK)
P/E ratio as of December 2023 (TTM): 22.4
According to Bangkok Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.3932. At the end of 2022 the company had a P/E ratio of -13.3.
P/E ratio history for Bangkok Airways from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -13.3 | 464.71% |
| 2021 | -2.35 | -6.39% |
| 2020 | -2.51 | -105.78% |
| 2019 | 43.4 | -55.06% |
| 2018 | 96.7 | 120.47% |
| 2017 | 43.8 | 64.18% |
| 2016 | 26.7 | -0.11% |
| 2015 | 26.7 | -70.66% |
| 2014 | 91.1 |
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.