ING Bank Slaski
ING.WA
#2063
Rank
HK$60.14 B
Marketcap
HK$462.33
Share price
1.66%
Change (1 day)
-1.90%
Change (1 year)

P/E ratio for ING Bank Slaski (ING.WA)

P/E ratio as of November 2024 (TTM): 7.72

According to ING Bank Slaski's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.71687. At the end of 2023 the company had a P/E ratio of 7.50.

P/E ratio history for ING Bank Slaski from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20237.50-40.01%
202212.5-16.92%
202115.1-9.52%
202016.64.73%
201915.93.32%
201815.4-19.4%
201719.113.8%
201616.823.89%
201513.5-22.64%
201417.514.01%
201315.37.87%
201214.222.29%
201111.6-24.7%
201015.4-9.46%
200917.135.79%
200812.6-19.36%
200715.6-7.84%
200616.9

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.