P/E ratio for Coway (021240.KS)
P/E ratio as of April 2024 (TTM): 9.30
According to Coway 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.29618. At the end of 2022 the company had a P/E ratio of 8.85.
P/E ratio history for Coway from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.85 | -23.63% |
| 2021 | 11.6 | -10.96% |
| 2020 | 13.0 | -35.52% |
| 2019 | 20.2 | 31.73% |
| 2018 | 15.3 | -29.65% |
| 2017 | 21.8 | -19.09% |
| 2016 | 26.9 | 47.97% |
| 2015 | 18.2 | -27.37% |
| 2014 | 25.1 | 23.86% |
| 2013 | 20.2 | -44% |
| 2012 | 36.1 | 133.46% |
| 2011 | 15.5 | -7.53% |
| 2010 | 16.7 | -11.35% |
| 2009 | 18.9 | 22.84% |
| 2008 | 15.4 | -19.31% |
| 2007 | 19.0 |
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.