P/E ratio for Chandra Asri Petrochemical (TPIA.JK)
P/E ratio as of April 2024 (TTM): -410
According to Chandra Asri Petrochemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -410.305. At the end of 2022 the company had a P/E ratio of -60.1.
P/E ratio history for Chandra Asri Petrochemical from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -60.1 | -214.56% |
| 2021 | 52.4 | -79.22% |
| 2020 | 252 | -55.99% |
| 2019 | 573 | 1336.48% |
| 2018 | 39.9 | 67.56% |
| 2017 | 23.8 | 42.9% |
| 2016 | 16.7 | -46.36% |
| 2015 | 31.1 | -27.92% |
| 2014 | 43.1 | -45.17% |
| 2013 | 78.6 | -717.29% |
| 2012 | -12.7 |
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.