P/E ratio for Esso (Thailand) (ESSO.BK)
P/E ratio as of May 2024 (TTM): -6.22
According to Esso (Thailand)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.22076. At the end of 2022 the company had a P/E ratio of 4.58.
P/E ratio history for Esso (Thailand) from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.58 | -20.21% |
| 2021 | 5.74 | -277.7% |
| 2020 | -3.23 | -67.13% |
| 2019 | -9.83 | -163.26% |
| 2018 | 15.5 | 85.4% |
| 2017 | 8.38 | 25.06% |
| 2016 | 6.70 | -34.32% |
| 2015 | 10.2 | -763.93% |
| 2014 | -1.54 | -97.35% |
| 2013 | -58.0 | 178.98% |
| 2012 | -20.8 | -151.98% |
| 2011 | 40.0 | 141.51% |
| 2010 | 16.6 | 239.07% |
| 2009 | 4.88 |
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.