P/E ratio for PTT Global Chemical (PTTGC.BK)
P/E ratio as of May 2024 (TTM): -8.17
According to PTT Global Chemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.16739. At the end of 2022 the company had a P/E ratio of -20.6.
P/E ratio history for PTT Global Chemical from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -20.6 | -451.55% |
| 2021 | 5.87 | -99.7% |
| 2020 | > 1000 | 8760.53% |
| 2019 | 22.0 | 176.54% |
| 2018 | 7.96 | -17.61% |
| 2017 | 9.66 | -11.84% |
| 2016 | 11.0 | -0.3% |
| 2015 | 11.0 | -26.88% |
| 2014 | 15.0 | 43.19% |
| 2013 | 10.5 | 11.07% |
| 2012 | 9.45 |
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.