According to International Container Terminal Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8247. At the end of 2022 the company had a P/E ratio of 13.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.0 | -37.6% |
2021 | 20.8 | -80.59% |
2020 | 107 | -4.89% |
2019 | 113 | 384.09% |
2018 | 23.2 | -18.31% |
2017 | 28.4 | 13.79% |
2016 | 25.0 | -80.07% |
2015 | 125 | 248.48% |
2014 | 36.0 | 12.92% |
2013 | 31.9 |
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.