P/E ratio for Kangwon Land (035250.KS)
P/E ratio as of April 2024 (TTM): 10.7
According to Kangwon Land 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6733. At the end of 2022 the company had a P/E ratio of 40.8.
P/E ratio history for Kangwon Land from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 40.8 | -108.82% |
| 2021 | -463 | 2580.53% |
| 2020 | -17.3 | -196.24% |
| 2019 | 17.9 | -14.94% |
| 2018 | 21.1 | 41.99% |
| 2017 | 14.8 | -6.94% |
| 2016 | 16.0 | -9.52% |
| 2015 | 17.6 | 2.77% |
| 2014 | 17.2 | -18.63% |
| 2013 | 21.1 | 11.05% |
| 2012 | 19.0 | 30.81% |
| 2011 | 14.5 | 8.43% |
| 2010 | 13.4 | 54.3% |
| 2009 | 8.68 | -6.45% |
| 2008 | 9.27 | -46.56% |
| 2007 | 17.4 |
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.