P/E ratio for Genting Malaysia Berhad (4715.KL)
P/E ratio as of May 2024 (TTM): 70.6
According to Genting Malaysia Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 70.5724. At the end of 2022 the company had a P/E ratio of -29.3.
P/E ratio history for Genting Malaysia Berhad from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -29.3 | 67.52% |
| 2021 | -17.5 | 156.62% |
| 2020 | -6.82 | -150.82% |
| 2019 | 13.4 | -101.59% |
| 2018 | -843 | -3170.52% |
| 2017 | 27.5 | 205.13% |
| 2016 | 9.00 | -54.38% |
| 2015 | 19.7 | 2.82% |
| 2014 | 19.2 | 23.18% |
| 2013 | 15.6 | 7.94% |
| 2012 | 14.4 | -5.02% |
| 2011 | 15.2 | 0.53% |
| 2010 | 15.1 | 23.74% |
| 2009 | 12.2 | -39.72% |
| 2008 | 20.3 | 38.14% |
| 2007 | 14.7 | -13.14% |
| 2006 | 16.9 | 33.67% |
| 2005 | 12.6 |
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.