According to HiteJinro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.12. At the end of 2022 the company had a P/E ratio of 20.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 20.4 | -30.1% |
2021 | 29.2 | 14.4% |
2020 | 25.6 | -153.68% |
2019 | -47.6 | -193.19% |
2018 | 51.1 | -61.89% |
2017 | 134 | 250.1% |
2016 | 38.3 | 25.19% |
2015 | 30.6 | -59.87% |
2014 | 76.2 | 304.14% |
2013 | 18.9 | -7.79% |
2012 | 20.5 | 20.38% |
2011 | 17.0 | -25.98% |
2010 | 23.0 | 63.24% |
2009 | 14.1 | 1582.03% |
2008 | 0.8361 |
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.