P/E ratio for LOTTE Corporation (004990.KS)
P/E ratio as of April 2024 (TTM): 146
According to LOTTE Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 145.564. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for LOTTE Corporation from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.9 | 86.29% |
| 2021 | 6.93 | -154.49% |
| 2020 | -12.7 | 64.18% |
| 2019 | -7.75 | -142.1% |
| 2018 | 18.4 | 122.63% |
| 2017 | 8.26 | -77.26% |
| 2016 | 36.3 | -14.76% |
| 2015 | 42.6 | -105.05% |
| 2014 | -844 | -1690.31% |
| 2013 | 53.0 | 114.5% |
| 2012 | 24.7 | 12.22% |
| 2011 | 22.0 | 77.14% |
| 2010 | 12.4 | -50.73% |
| 2009 | 25.2 | 281.02% |
| 2008 | 6.63 | -67.94% |
| 2007 | 20.7 |
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.