P/E ratio for Kakao (035720.KS)
P/E ratio as of April 2024 (TTM): 194
According to Kakao's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 194.09. 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 |
|---|---|---|
| 2022 | 17.1 | -57.85% |
| 2021 | 40.5 | -88.47% |
| 2020 | 351 | -957.02% |
| 2019 | -41.0 | -124.83% |
| 2018 | 165 | 79.15% |
| 2017 | 92.1 | 4.09% |
| 2016 | 88.4 | -3.71% |
| 2015 | 91.9 | 137.17% |
| 2014 | 38.7 | 108.46% |
| 2013 | 18.6 | 12.27% |
| 2012 | 16.5 | 10.66% |
| 2011 | 15.0 | 175.73% |
| 2010 | 5.42 | -59.63% |
| 2009 | 13.4 | 24.41% |
| 2008 | 10.8 | -82.14% |
| 2007 | 60.4 |
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.