P/E ratio for Naver (035420.KS)
P/E ratio as of April 2024 (TTM): 36.8
According to Naver's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.8336. At the end of 2022 the company had a P/E ratio of 35.5.
P/E ratio history for Naver from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.5 | 850.75% |
| 2021 | 3.73 | -91.23% |
| 2020 | 42.5 | -8.6% |
| 2019 | 46.5 | -39.01% |
| 2018 | 76.3 | 129.05% |
| 2017 | 33.3 | 10.68% |
| 2016 | 30.1 | -19.39% |
| 2015 | 37.3 | -19.87% |
| 2014 | 46.6 | 264.43% |
| 2013 | 12.8 | -16.8% |
| 2012 | 15.4 | -12.09% |
| 2011 | 17.5 | 110.97% |
| 2010 | 8.29 | -3.38% |
| 2009 | 8.58 | 31.06% |
| 2008 | 6.54 | -55.29% |
| 2007 | 14.6 |
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.