Jeju Air
089590.KS
#4592
Rank
$1.04 B
Marketcap
$12.77
Share price
-2.17%
Change (1 day)
-13.36%
Change (1 year)

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
2021-3.0438.46%
2020-2.20-91.15%
2019-24.8-269.4%
201814.70.99%
201714.50.85%
201614.4-36.85%
201522.8-8.43%
201424.9

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.