P/E ratio for Dutch Lady Milk Industries (3026.KL)
P/E ratio as of April 2024 (TTM): 57.1
According to Dutch Lady Milk Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.0762. At the end of 2022 the company had a P/E ratio of 41.9.
P/E ratio history for Dutch Lady Milk Industries from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 41.9 | 384.19% |
| 2021 | 8.65 | -73.56% |
| 2020 | 32.7 | 7.3% |
| 2019 | 30.5 | -0.44% |
| 2018 | 30.6 | -9.17% |
| 2017 | 33.7 | 41.36% |
| 2016 | 23.9 | 10.04% |
| 2015 | 21.7 | -12.28% |
| 2014 | 24.7 | 13.25% |
| 2013 | 21.8 | -9.42% |
| 2012 | 24.1 |
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.