P/E ratio for Jeju Air (089590.KS)
P/E ratio as of March 2023 (TTM): -3.05
According to Jeju Air 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.04539. At the end of 2021 the company had a P/E ratio of -3.04.
P/E ratio history for Jeju Air from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -3.04 | 38.46% |
| 2020 | -2.20 | -91.15% |
| 2019 | -24.8 | -269.4% |
| 2018 | 14.7 | 0.99% |
| 2017 | 14.5 | 0.85% |
| 2016 | 14.4 | -36.85% |
| 2015 | 22.8 | -8.43% |
| 2014 | 24.9 |
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.