P/E ratio for PPB Group Berhad (4065.KL)
P/E ratio as of May 2024 (TTM): 12.1
According to PPB Group Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1018. At the end of 2022 the company had a P/E ratio of 11.3.
P/E ratio history for PPB Group Berhad from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.3 | -30.51% |
| 2021 | 16.3 | -18.73% |
| 2020 | 20.0 | -14.01% |
| 2019 | 23.3 | 0.02% |
| 2018 | 23.3 | 34.67% |
| 2017 | 17.3 | -3.97% |
| 2016 | 18.0 | 0.33% |
| 2015 | 17.9 | -3.11% |
| 2014 | 18.5 | -4.98% |
| 2013 | 19.5 | 19.17% |
| 2012 | 16.3 |
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.