P/E ratio for Bangkok Airways (BA.BK)
P/E ratio as of January 2023 (TTM): -3.36
According to Bangkok Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.35821. At the end of 2021 the company had a P/E ratio of -2.35.
P/E ratio history for Bangkok Airways from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -2.35 | -6.02% |
| 2020 | -2.50 | -106.12% |
| 2019 | 40.9 | -57.71% |
| 2018 | 96.7 | 114.81% |
| 2017 | 45.0 | 66.52% |
| 2016 | 27.0 | 0.61% |
| 2015 | 26.9 | -71.07% |
| 2014 | 92.9 |
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.