P/E ratio for Golden Agri-Resources (E5H.SI)
P/E ratio as of April 2024 (TTM): 13.2
According to Golden Agri-Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1579. At the end of 2018 the company had a P/E ratio of < -1000.
P/E ratio history for Golden Agri-Resources from 2009 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | < -1000 | -3793.79% |
| 2017 | 48.6 | 414.64% |
| 2016 | 9.43 | -97.25% |
| 2015 | 343 | 758.11% |
| 2014 | 40.0 | 125.12% |
| 2013 | 17.8 | 10.36% |
| 2012 | 16.1 | 204.82% |
| 2011 | 5.28 | -0.28% |
| 2010 | 5.30 | -22.81% |
| 2009 | 6.86 |
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.