Kakao
035720.KS
#1286
Rank
$13.58 B
Marketcap
$30.98
Share price
1.18%
Change (1 day)
-24.68%
Change (1 year)

P/E ratio for Kakao (035720.KS)

P/E ratio as of June 2024 (TTM): 173

According to Kakao's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 173.197. At the end of 2022 the company had a P/E ratio of 17.1.

P/E ratio history for Kakao from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.1-57.85%
202140.5-88.47%
2020351-957.02%
2019-41.0-124.83%
201816579.15%
201792.14.09%
201688.4-3.71%
201591.9137.17%
201438.7108.46%
201318.612.27%
201216.510.66%
201115.0175.73%
20105.42-59.63%
200913.424.41%
200810.8-82.14%
200760.4

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.