P/E ratio for Krungthai Card (KTC.BK)
P/E ratio as of May 2024 (TTM): 15.1
According to Krungthai Card's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1. At the end of 2022 the company had a P/E ratio of 21.5.
P/E ratio history for Krungthai Card from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.5 | -17.8% |
| 2021 | 26.1 | -9.19% |
| 2020 | 28.7 | 55.73% |
| 2019 | 18.5 | 17.54% |
| 2018 | 15.7 | 7.98% |
| 2017 | 14.5 | 2.01% |
| 2016 | 14.3 | 17.26% |
| 2015 | 12.2 | 29.37% |
| 2014 | 9.40 | 76.61% |
| 2013 | 5.32 | -83.91% |
| 2012 | 33.1 | -1991.62% |
| 2011 | -1.75 | -112.37% |
| 2010 | 14.1 | -268.99% |
| 2009 | -8.37 |
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.