HiteJinro
000080.KS
#5094
Rank
$1.04 B
Marketcap
$15.17
Share price
-0.73%
Change (1 day)
-8.61%
Change (1 year)

P/E ratio for HiteJinro (000080.KS)

P/E ratio as of March 2024 (TTM): 55.7

According to HiteJinro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.6681. At the end of 2022 the company had a P/E ratio of 20.4.

P/E ratio history for HiteJinro from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.4-30.1%
202129.214.4%
202025.6-153.68%
2019-47.6-193.19%
201851.1-61.89%
2017134250.1%
201638.325.19%
201530.6-59.87%
201476.2304.14%
201318.9-7.79%
201220.520.38%
201117.0-25.98%
201023.063.24%
200914.11582.03%
20080.8361

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.