Krung Thai Bank
KTB.BK
#1909
Rank
C$12.24 B
Marketcap
$0.88
Share price
-2.34%
Change (1 day)
23.50%
Change (1 year)

P/E ratio for Krung Thai Bank (KTB.BK)

P/E ratio as of December 2024 (TTM): 8.24

According to Krung Thai Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.24096. At the end of 2022 the company had a P/E ratio of 7.34.

P/E ratio history for Krung Thai Bank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.34-14.32%
20218.57-7.34%
20209.2517.32%
20197.88-16.66%
20189.46-20.67%
201711.955.64%
20167.66-6.4%
20158.19-14.53%
20149.5852.63%
20136.28-36.93%
20129.954.25%
20119.54-26.17%
201012.943.94%
20098.98

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.