According to JSC Halyk Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.51503. At the end of 2022 the company had a P/E ratio of 2.48.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.48 | -43.56% |
2021 | 4.40 | 10.38% |
2020 | 3.99 | -13.02% |
2019 | 4.58 | 18.97% |
2018 | 3.85 | -26.24% |
2017 | 5.22 | 21.88% |
2016 | 4.29 | |
2013 | 7.42 | 13.92% |
2012 | 6.51 |
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.