P/E ratio for PBBank (Public Bank Bhd) (1295.KL)
P/E ratio as of April 2024 (TTM): 11.6
According to PBBank (Public Bank Bhd)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6427. At the end of 2022 the company had a P/E ratio of 13.7.
P/E ratio history for PBBank (Public Bank Bhd) from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.7 | -4.06% |
| 2021 | 14.3 | -12.96% |
| 2020 | 16.4 | 19.77% |
| 2019 | 13.7 | -20.16% |
| 2018 | 17.2 | 17.01% |
| 2017 | 14.7 | 0.24% |
| 2016 | 14.6 | 3.56% |
| 2015 | 14.1 | -6.25% |
| 2014 | 15.1 | -9.9% |
| 2013 | 16.7 | 12.59% |
| 2012 | 14.9 |
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.