Korea Aerospace Industries
047810.KS
#3301
Rank
$3.47 B
Marketcap
$35.64
Share price
-0.41%
Change (1 day)
-16.64%
Change (1 year)

P/E ratio for Korea Aerospace Industries (047810.KS)

P/E ratio as of July 2024 (TTM): 68.6

According to Korea Aerospace Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 68.6128. 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
202241.9-15.18%
202149.446.83%
202033.672.68%
201919.5-64.82%
201855.4-376.03%
2017-20.1-183.53%
201624.0-18.24%
201529.40.29%
201429.3-62.43%
201378.0130.73%
201233.8-29.09%
201147.7

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.