P/E ratio for KT&G (Korea Tobacco) (033780.KS)
P/E ratio as of May 2024 (TTM): 11.8
According to KT&G (Korea Tobacco)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7727. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for KT&G (Korea Tobacco) from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | 7.75% |
| 2021 | 10.0 | 12.2% |
| 2020 | 8.92 | -22.1% |
| 2019 | 11.4 | -15.82% |
| 2018 | 13.6 | 13.39% |
| 2017 | 12.0 | 13.84% |
| 2016 | 10.5 | -16.18% |
| 2015 | 12.6 | 6.16% |
| 2014 | 11.8 | -28.73% |
| 2013 | 16.6 | 21% |
| 2012 | 13.7 | 7.49% |
| 2011 | 12.8 | 60.06% |
| 2010 | 7.98 | -17.86% |
| 2009 | 9.71 | |
| 2007 | 15.6 |
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.