According to Korea Zinc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4683. At the end of 2022 the company had a P/E ratio of 13.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.1 | 16.83% |
2021 | 11.2 | -9.61% |
2020 | 12.4 | 4.36% |
2019 | 11.9 | -16.47% |
2018 | 14.2 | 1.24% |
2017 | 14.0 | -0.96% |
2016 | 14.2 | -12.92% |
2015 | 16.3 | 14.39% |
2014 | 14.2 | 13.43% |
2013 | 12.5 | -1.85% |
2012 | 12.8 | 67.58% |
2011 | 7.63 | -23.41% |
2010 | 9.96 | 14.23% |
2009 | 8.72 | 90.73% |
2008 | 4.57 | -11.24% |
2007 | 5.15 |
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.