Indofood CBP
ICBP.JK
#1806
Rank
$7.70 B
Marketcap
$0.66
Share price
-0.74%
Change (1 day)
8.20%
Change (1 year)
Categories

P/E ratio for Indofood CBP (ICBP.JK)

P/E ratio as of January 2023 (TTM): 16.4

According to Indofood CBP's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3904. At the end of 2021 the company had a P/E ratio of 15.9.

P/E ratio history for Indofood CBP from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202115.9-6.32%
202016.9-34.34%
201925.8-3.18%
201826.7-2.35%
201727.3-1.62%
201627.86.06%
201526.2-10.72%
201429.39.76%
201326.724.83%
201221.439.45%
201115.312.87%
201013.6

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.