P/E ratio for DSME (Daewoo Shipbuilding) (042660.KS)
P/E ratio as of May 2024 (TTM): -2.54
According to DSME (Daewoo Shipbuilding)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.53996. At the end of 2022 the company had a P/E ratio of -1.24.
P/E ratio history for DSME (Daewoo Shipbuilding) from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.24 | -19.98% |
| 2021 | -1.55 | -102.06% |
| 2020 | 75.2 | -268.15% |
| 2019 | -44.7 | -489.89% |
| 2018 | 11.5 | 796.53% |
| 2017 | 1.28 | -1650.2% |
| 2016 | -0.0826 | -85.37% |
| 2015 | -0.5643 | -87.26% |
| 2014 | -4.43 | -54.85% |
| 2013 | -9.81 | -135.69% |
| 2012 | 27.5 | 273.88% |
| 2011 | 7.35 | -22.11% |
| 2010 | 9.44 | 51.38% |
| 2009 | 6.23 | |
| 2007 | 31.4 |
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.