PTT Global Chemical
PTTGC.BK
#3316
Rank
โ‚น301.56 B
Marketcap
โ‚น66.88
Share price
-2.70%
Change (1 day)
-22.73%
Change (1 year)

P/E ratio for PTT Global Chemical (PTTGC.BK)

P/E ratio as of November 2024 (TTM): -6.61

According to PTT Global Chemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.61288. At the end of 2022 the company had a P/E ratio of -20.6.

P/E ratio history for PTT Global Chemical from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-20.6-451.55%
20215.87-99.7%
2020> 10008760.53%
201922.0176.54%
20187.96-17.61%
20179.66-11.84%
201611.0-0.3%
201511.0-26.88%
201415.043.19%
201310.511.07%
20129.45

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.