According to Siam Cement 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.16416. At the end of 2022 the company had a P/E ratio of 19.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 19.2 | 95.45% |
2021 | 9.82 | -26.09% |
2020 | 13.3 | -9.57% |
2019 | 14.7 | 25.63% |
2018 | 11.7 | 10.82% |
2017 | 10.6 | -0.55% |
2016 | 10.6 | -12.73% |
2015 | 12.2 | -23.97% |
2014 | 16.0 | 27.79% |
2013 | 12.5 | -44.83% |
2012 | 22.7 | 64.74% |
2011 | 13.8 | 25.75% |
2010 | 11.0 | -5.45% |
2009 | 11.6 |
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.