P/E ratio for Doosan Enerbility (034020.KS)
P/E ratio as of April 2024 (TTM): -23.8
According to Doosan Enerbility's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.7507. At the end of 2022 the company had a P/E ratio of -12.3.
P/E ratio history for Doosan Enerbility from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -12.3 | -166% |
| 2021 | 18.7 | -675.8% |
| 2020 | -3.24 | 30.41% |
| 2019 | -2.49 | 14.43% |
| 2018 | -2.17 | -63.56% |
| 2017 | -5.97 | -64.41% |
| 2016 | -16.8 | 678.03% |
| 2015 | -2.15 | -91.13% |
| 2014 | -24.3 | -147.67% |
| 2013 | 51.0 | -62% |
| 2012 | 134 | 459.92% |
| 2011 | 24.0 | -68.74% |
| 2010 | 76.6 | -406.53% |
| 2009 | -25.0 | |
| 2007 | 34.9 |
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.