P/E ratio for Elang Mahkota Teknologi (EMTK.JK)
P/E ratio as of April 2024 (TTM): 8.08
According to Elang Mahkota Teknologi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.07686. At the end of 2022 the company had a P/E ratio of 11.5.
P/E ratio history for Elang Mahkota Teknologi from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.5 | -51.45% |
| 2021 | 23.7 | -37.14% |
| 2020 | 37.8 | -282.04% |
| 2019 | -20.7 | 14.77% |
| 2018 | -18.1 | -101.48% |
| 2017 | > 1000 | 670.99% |
| 2016 | 159 | 263.95% |
| 2015 | 43.6 | 8.4% |
| 2014 | 40.2 | 32.33% |
| 2013 | 30.4 | 9.65% |
| 2012 | 27.7 |
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.