P/E ratio for IOI Corporation Berhad (1961.KL)
P/E ratio as of May 2024 (TTM): 14.4
According to IOI Corporation Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.429. At the end of 2022 the company had a P/E ratio of 13.7.
P/E ratio history for IOI Corporation Berhad from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.7 | -9.71% |
| 2021 | 15.2 | -51.61% |
| 2020 | 31.4 | -29% |
| 2019 | 44.2 | 286.64% |
| 2018 | 11.4 | -36.69% |
| 2017 | 18.1 | -48.41% |
| 2016 | 35.0 | -122.54% |
| 2015 | -155 | -1516.09% |
| 2014 | 11.0 | -40.92% |
| 2013 | 18.6 | 18.81% |
| 2012 | 15.6 |
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.