P/E ratio for Korea Gas (036460.KS)
P/E ratio as of April 2024 (TTM): 3.01
According to Korea Gas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.00629. At the end of 2022 the company had a P/E ratio of 2.09.
P/E ratio history for Korea Gas from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.09 | -40.77% |
| 2021 | 3.53 | -123.88% |
| 2020 | -14.8 | -115.42% |
| 2019 | 95.8 | 1092.05% |
| 2018 | 8.04 | -349.95% |
| 2017 | -3.22 | -53.24% |
| 2016 | -6.88 | -166.88% |
| 2015 | 10.3 | 5.67% |
| 2014 | 9.73 | -140.73% |
| 2013 | -23.9 | -262.19% |
| 2012 | 14.7 | -11.71% |
| 2011 | 16.7 | -2.29% |
| 2010 | 17.1 | 15.15% |
| 2009 | 14.8 | |
| 2007 | 12.9 |
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.