P/E ratio for Kakao (035720.KS)
P/E ratio as of September 2023 (TTM): 184
According to Kakao's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 183.75. At the end of 2021 the company had a P/E ratio of 34.9.
P/E ratio history for Kakao from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 34.9 | -96.7% |
| 2020 | > 1000 | -2687.46% |
| 2019 | -41.0 | -124.83% |
| 2018 | 165 | 79.03% |
| 2017 | 92.1 | 3.8% |
| 2016 | 88.7 | -3.45% |
| 2015 | 91.9 | 139.43% |
| 2014 | 38.4 | 122.6% |
| 2013 | 17.2 | 4.22% |
| 2012 | 16.5 | 10.68% |
| 2011 | 15.0 | -53.16% |
| 2010 | 31.9 | 12.61% |
| 2009 | 28.3 | 207.27% |
| 2008 | 9.23 | -84.81% |
| 2007 | 60.8 |
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.