P/E ratio for Korea Aerospace Industries (047810.KS)
P/E ratio as of April 2024 (TTM): 73.5
According to Korea Aerospace Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 73.517. At the end of 2022 the company had a P/E ratio of 41.9.
P/E ratio history for Korea Aerospace Industries from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 41.9 | -15.18% |
| 2021 | 49.4 | 46.83% |
| 2020 | 33.6 | 72.68% |
| 2019 | 19.5 | -64.82% |
| 2018 | 55.4 | -376.03% |
| 2017 | -20.1 | -183.53% |
| 2016 | 24.0 | -18.24% |
| 2015 | 29.4 | 0.29% |
| 2014 | 29.3 | -62.43% |
| 2013 | 78.0 | 130.73% |
| 2012 | 33.8 | -29.09% |
| 2011 | 47.7 |
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.