P/E ratio for Electricity Generating Public Company (EGCO.BK)
P/E ratio as of May 2024 (TTM): 19.6
According to Electricity Generating Public Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6154. At the end of 2022 the company had a P/E ratio of 33.9.
P/E ratio history for Electricity Generating Public Company from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.9 | 50.62% |
| 2021 | 22.5 | 93.91% |
| 2020 | 11.6 | -12.23% |
| 2019 | 13.2 | 115.13% |
| 2018 | 6.15 | -36.13% |
| 2017 | 9.62 | -23.56% |
| 2016 | 12.6 | -31.87% |
| 2015 | 18.5 | 60.6% |
| 2014 | 11.5 | 20.65% |
| 2013 | 9.54 | 38.02% |
| 2012 | 6.91 | -32.03% |
| 2011 | 10.2 | 26.87% |
| 2010 | 8.01 | 52.33% |
| 2009 | 5.26 |
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.