Indofood CBP
ICBP.JK
#1830
Rank
$8.53 B
Marketcap
$0.73
Share price
5.45%
Change (1 day)
10.61%
Change (1 year)
Categories

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

P/E ratio as of March 2024 (TTM): 14.5

According to Indofood CBP's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5372. At the end of 2022 the company had a P/E ratio of 25.4.

P/E ratio history for Indofood CBP from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.460.57%
202115.8-6.49%
202016.9-34.34%
201925.8-3.18%
201826.7-2.35%
201727.3-1.62%
201627.85.95%
201526.2-9.23%
201428.98.06%
201326.7

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.