According to Doosan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.4317. At the end of 2022 the company had a P/E ratio of -2.12.
Year | P/E ratio | Change |
---|---|---|
2022 | -2.12 | -120.6% |
2021 | 10.3 | -711.66% |
2020 | -1.69 | -152.82% |
2019 | 3.19 | -118.38% |
2018 | -17.4 | -129.28% |
2017 | 59.3 | 428.4% |
2016 | 11.2 | -360.24% |
2015 | -4.31 | -112.93% |
2014 | 33.4 | 37.01% |
2013 | 24.3 | -26.68% |
2012 | 33.2 | 258.79% |
2011 | 9.26 | -33.67% |
2010 | 14.0 | 38.57% |
2009 | 10.1 | -53.44% |
2008 | 21.6 | -88.29% |
2007 | 185 |
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.