Elang Mahkota Teknologi
EMTK.JK
#4580
Rank
โ‚ฌ1.56 B
Marketcap
0,02561ย โ‚ฌ
Share price
-3.10%
Change (1 day)
-32.35%
Change (1 year)

P/E ratio for Elang Mahkota Teknologi (EMTK.JK)

P/E ratio as of October 2024 (TTM): 11.4

According to Elang Mahkota Teknologi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4021. 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
202211.5-51.45%
202123.7-37.14%
202037.8-282.04%
2019-20.714.77%
2018-18.1-101.48%
2017> 1000670.99%
2016159263.95%
201543.68.4%
201440.232.33%
201330.49.65%
201227.7

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.