Hankook Tire
161390.KS
#2819
Rank
$3.62 B
Marketcap
$29.74
Share price
0.00%
Change (1 day)
-31.73%
Change (1 year)
Categories

P/E ratio for Hankook Tire (161390.KS)

P/E ratio as of August 2022 (TTM): 6.89

According to Hankook Tire 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.89482. At the end of 2021 the company had a P/E ratio of 8.10.

P/E ratio history for Hankook Tire from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20218.10-37.66%
202013.031.19%
20199.912.48%
20189.67-15%
201711.438.15%
20168.23-7.43%
20158.89-4.6%
20149.32-8.53%
201310.2-59.72%
201225.3

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.