According to Nongshim's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4058. At the end of 2022 the company had a P/E ratio of 17.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.8 | -3.64% |
2021 | 18.5 | 57.95% |
2020 | 11.7 | -40.37% |
2019 | 19.6 | 13.76% |
2018 | 17.2 | -24.69% |
2017 | 22.9 | 137.01% |
2016 | 9.65 | -55.46% |
2015 | 21.7 | -3.58% |
2014 | 22.5 | 36.81% |
2013 | 16.4 | -105.77% |
2012 | -285 | -1923.74% |
2011 | 15.6 | 64.84% |
2010 | 9.46 | -16.22% |
2009 | 11.3 | -37.31% |
2008 | 18.0 | 68.16% |
2007 | 10.7 |
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.