P/E ratio for DoubleUGames (192080.KS)
P/E ratio as of March 2023 (TTM): 17.4
According to DoubleUGames's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4411. At the end of 2021 the company had a P/E ratio of 7.83.
P/E ratio history for DoubleUGames from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.83 | -13.67% |
| 2020 | 9.07 | 19.07% |
| 2019 | 7.62 | -29.54% |
| 2018 | 10.8 | -53.07% |
| 2017 | 23.0 | 70.74% |
| 2016 | 13.5 | -32.72% |
| 2015 | 20.1 |
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.