POSCO Chemical
003670.KS
#1791
Rank
HK$73.85 B
Marketcap
HK$953.82
Share price
-2.39%
Change (1 day)
-54.41%
Change (1 year)

P/E ratio for POSCO Chemical (003670.KS)

P/E ratio as of December 2024 (TTM): 106

According to POSCO Chemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 106.384. At the end of 2022 the company had a P/E ratio of 118.

P/E ratio history for POSCO Chemical from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211843.66%
202182.1-61.74%
2020214629.29%
201929.49.44%
201826.916.29%
201723.142.28%
201616.2-50.4%
201532.7-2.77%
201433.7167.1%
201312.619.27%
201210.6-8.8%
201111.6-36.53%
201018.3104.2%
20098.946.18%
20088.42-41.16%
200714.3

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.