P/E ratio for LOTTE Chemical (011170.KS)
P/E ratio as of April 2024 (TTM): -70.4
According to LOTTE Chemical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -70.3835. At the end of 2022 the company had a P/E ratio of 99.3.
P/E ratio history for LOTTE Chemical from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 99.3 | 1607.19% |
| 2021 | 5.81 | -90.66% |
| 2020 | 62.2 | 456% |
| 2019 | 11.2 | 79.9% |
| 2018 | 6.22 | 8.68% |
| 2017 | 5.73 | -18.91% |
| 2016 | 7.06 | -18.07% |
| 2015 | 8.62 | -77.48% |
| 2014 | 38.3 | 35.23% |
| 2013 | 28.3 | 4.2% |
| 2012 | 27.2 | 171.68% |
| 2011 | 10.00 | -11.44% |
| 2010 | 11.3 | 165.93% |
| 2009 | 4.24 | |
| 2007 | 7.05 |
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.