According to Indah Kiat Pulp & Paper's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.22512. At the end of 2022 the company had a P/E ratio of 3.59.
Year | P/E ratio | Change |
---|---|---|
2022 | 3.59 | -36.96% |
2021 | 5.69 | -59.39% |
2020 | 14.0 | 27.11% |
2019 | 11.0 | 49.41% |
2018 | 7.38 | 39.84% |
2017 | 5.28 | 176.76% |
2016 | 1.91 | 12.61% |
2015 | 1.69 | -53.51% |
2014 | 3.64 | 28.5% |
2013 | 2.84 | -65.66% |
2012 | 8.26 | -82.19% |
2011 | 46.4 |
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.