PMetal (Press Metal Aluminium)
8869.KL
#1912
Rank
$8.10 B
Marketcap
$0.98
Share price
-0.21%
Change (1 day)
-10.09%
Change (1 year)
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P/E ratio for PMetal (Press Metal Aluminium) (8869.KL)

P/E ratio as of March 2024 (TTM): 31.7

According to PMetal (Press Metal Aluminium)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.7329. At the end of 2022 the company had a P/E ratio of 28.4.

P/E ratio history for PMetal (Press Metal Aluminium) from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.4-38.94%
202146.6-36.83%
202073.787.09%
201939.429.64%
201830.4-10.45%
201733.95675.35%
20160.5877-97.06%
201520.056.71%
201412.8-83.73%
201378.41558.15%
20124.73

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.