P/E ratio for Kumho Petrochemical (011780.KS)
P/E ratio as of April 2024 (TTM): 5.56
According to Kumho Petrochemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.55595. At the end of 2022 the company had a P/E ratio of 3.39.
P/E ratio history for Kumho Petrochemical from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.39 | 43.64% |
| 2021 | 2.36 | -66.06% |
| 2020 | 6.94 | -5.49% |
| 2019 | 7.35 | 53.19% |
| 2018 | 4.80 | -64.56% |
| 2017 | 13.5 | -56.79% |
| 2016 | 31.3 | 155.92% |
| 2015 | 12.2 | -49.38% |
| 2014 | 24.2 | -103.92% |
| 2013 | -617 | -2315.85% |
| 2012 | 27.8 | 320.15% |
| 2011 | 6.62 | 73.03% |
| 2010 | 3.83 | -674.85% |
| 2009 | -0.6660 | -95.93% |
| 2008 | -16.4 | -274.13% |
| 2007 | 9.40 |
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.