P/E ratio for Pan Ocean (028670.KS)
P/E ratio as of April 2024 (TTM): 4.31
According to Pan Ocean's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.30785. At the end of 2022 the company had a P/E ratio of 4.52.
P/E ratio history for Pan Ocean from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.52 | -14.06% |
| 2021 | 5.26 | -81.86% |
| 2020 | 29.0 | 81.32% |
| 2019 | 16.0 | 2.61% |
| 2018 | 15.6 | -23.02% |
| 2017 | 20.3 | -6.45% |
| 2016 | 21.7 | -169.47% |
| 2015 | -31.2 | -8373.37% |
| 2014 | 0.3768 | -733.48% |
| 2013 | -0.0595 | -97.2% |
| 2012 | -2.12 | -96.12% |
| 2011 | -54.8 | -283.22% |
| 2010 | 29.9 | -219.05% |
| 2009 | -25.1 |
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.