P/E ratio for Genting Berhad (3182.KL)
P/E ratio as of May 2024 (TTM): 78.8
According to Genting Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 78.8498. At the end of 2022 the company had a P/E ratio of -57.4.
P/E ratio history for Genting Berhad from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -57.4 | 337.47% |
| 2021 | -13.1 | -21.7% |
| 2020 | -16.8 | -243.64% |
| 2019 | 11.7 | -31.84% |
| 2018 | 17.1 | -28.18% |
| 2017 | 23.8 | 62.35% |
| 2016 | 14.7 | -30.06% |
| 2015 | 21.0 | -10.12% |
| 2014 | 23.4 | 6.52% |
| 2013 | 21.9 | 157.16% |
| 2012 | 8.53 |
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.