According to Kasikornbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2542. At the end of 2022 the company had a P/E ratio of 9.98.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.98 | 10.83% |
2021 | 9.00 | -1.03% |
2020 | 9.10 | -2.45% |
2019 | 9.33 | -18.98% |
2018 | 11.5 | -28.79% |
2017 | 16.2 | 52.93% |
2016 | 10.6 | 15.83% |
2015 | 9.13 | -23.16% |
2014 | 11.9 | 40.98% |
2013 | 8.43 | -36.68% |
2012 | 13.3 | 10.27% |
2011 | 12.1 | -19.42% |
2010 | 15.0 | 8.53% |
2009 | 13.8 | 96.25% |
2008 | 7.03 | -47.52% |
2007 | 13.4 |
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.