According to Bank Danamon 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.02531. At the end of 2022 the company had a P/E ratio of 8.08.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.08 | -44.72% |
2021 | 14.6 | -52.01% |
2020 | 30.5 | 221.35% |
2019 | 9.48 | -48.97% |
2018 | 18.6 | 2.65% |
2017 | 18.1 | 35.83% |
2016 | 13.3 | 3.94% |
2015 | 12.8 | -23.05% |
2014 | 16.7 | 86.04% |
2013 | 8.95 | -32.48% |
2012 | 13.3 | 20.95% |
2011 | 11.0 |
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.