P/E ratio for Krung Thai Bank (KTB.BK)
P/E ratio as of May 2024 (TTM): 6.19
According to Krung Thai Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.19232. At the end of 2022 the company had a P/E ratio of 7.34.
P/E ratio history for Krung Thai Bank from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.34 | -14.32% |
| 2021 | 8.57 | -7.34% |
| 2020 | 9.25 | 17.32% |
| 2019 | 7.88 | -16.66% |
| 2018 | 9.46 | -20.67% |
| 2017 | 11.9 | 55.64% |
| 2016 | 7.66 | -6.4% |
| 2015 | 8.19 | -14.53% |
| 2014 | 9.58 | 52.63% |
| 2013 | 6.28 | -36.93% |
| 2012 | 9.95 | 4.25% |
| 2011 | 9.54 | -26.17% |
| 2010 | 12.9 | 43.94% |
| 2009 | 8.98 |
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.