P/E ratio for Jin Air (272450.KS)
P/E ratio as of March 2023 (TTM): -4.92
According to Jin Air 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.92414. At the end of 2021 the company had a P/E ratio of -5.59.
P/E ratio history for Jin Air from 2018 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -5.59 | 145.14% |
| 2020 | -2.28 | -75% |
| 2019 | -9.13 | -162.98% |
| 2018 | 14.5 | 26.21% |
| 2017 | 11.5 |
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.