Korean Air Lines
003495.KS
#2408
Rank
$5.81 B
Marketcap
$16.43
Share price
-0.66%
Change (1 day)
-28.69%
Change (1 year)

P/E ratio for Korean Air Lines (003495.KS)

P/E ratio as of June 2024 (TTM): 6.11

According to Korean Air Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.11415. At the end of 2022 the company had a P/E ratio of 6.39.

P/E ratio history for Korean Air Lines from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.39-72.36%
202123.1-178.18%
2020-29.6584.34%
2019-4.32-60.79%
2018-11.0-575.99%
20172.32-191.17%
2016-2.545.01%
2015-2.42-8.57%
2014-2.65-22.64%
2013-3.42-173.79%
20124.64-182.13%
2011-5.65

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.