P/E ratio for PTT Exploration and Production (PTTEP.BK)
P/E ratio as of March 2023 (TTM): 9.01
According to PTT Exploration and Production's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.01312. At the end of 2021 the company had a P/E ratio of 12.2.
P/E ratio history for PTT Exploration and Production from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.2 | -30.04% |
| 2020 | 17.4 | 63.7% |
| 2019 | 10.6 | -17.94% |
| 2018 | 12.9 | -41.26% |
| 2017 | 22.0 | -36.8% |
| 2016 | 34.9 | -601.93% |
| 2015 | -6.95 | -132.2% |
| 2014 | 21.6 | 95.89% |
| 2013 | 11.0 | 13.01% |
| 2012 | 9.75 | -21.65% |
| 2011 | 12.4 | -6.32% |
| 2010 | 13.3 | -39.27% |
| 2009 | 21.9 | 159.16% |
| 2008 | 8.44 | -53.29% |
| 2007 | 18.1 | 60.81% |
| 2006 | 11.2 | -13.22% |
| 2005 | 12.9 | 90.47% |
| 2004 | 6.80 |
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.