P/E ratio for Korean Air Lines (003495.KS)
P/E ratio as of June 2023 (TTM): 6.74
According to Korean Air Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.73636. At the end of 2021 the company had a P/E ratio of 21.4.
P/E ratio history for Korean Air Lines from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 21.4 | -177.84% |
| 2020 | -27.5 | 517.8% |
| 2019 | -4.45 | -50.67% |
| 2018 | -9.02 | -447.95% |
| 2017 | 2.59 | -201.99% |
| 2016 | -2.54 | 3.07% |
| 2015 | -2.47 | -28.28% |
| 2014 | -3.44 | -30.65% |
| 2013 | -4.96 | -207.64% |
| 2012 | 4.61 | -181.6% |
| 2011 | -5.65 | -217.23% |
| 2010 | 4.82 | -133.41% |
| 2009 | -14.4 | 2612.32% |
| 2008 | -0.5314 | -100.25% |
| 2007 | 209 |
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.