According to Chandra Asri Petrochemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -65.5661. At the end of 2023 the company had a P/E ratio of -648.
Year | P/E ratio | Change |
---|---|---|
2023 | -648 | 757.98% |
2022 | -75.5 | -240.34% |
2021 | 53.8 | -75.02% |
2020 | 215 | -56.27% |
2019 | 492 | 1273.9% |
2018 | 35.8 | 80.07% |
2017 | 19.9 | 43.22% |
2016 | 13.9 | -47.65% |
2015 | 26.5 | -19.65% |
2014 | 33.0 | -44.26% |
2013 | 59.2 | -884.55% |
2012 | -7.55 | -114.1% |
2011 | 53.5 | -530.69% |
2010 | -12.4 | -744.57% |
2009 | 1.93 |
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.