P/E ratio for PTT PCL (PTT-R.BK)
P/E ratio as of April 2024 (TTM): 12.3
According to PTT PCL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2901. At the end of 2022 the company had a P/E ratio of 10.3.
P/E ratio history for PTT PCL from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.3 | |
| 2012 | 64.2 | 1.8% |
| 2011 | 63.1 | -20.59% |
| 2010 | 79.4 | -28.8% |
| 2009 | 112 |
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.