Samsung Life Insurance
032830.KS
#1325
Rank
$13.40 B
Marketcap
$74.67
Share price
-0.57%
Change (1 day)
39.67%
Change (1 year)

P/E ratio for Samsung Life Insurance (032830.KS)

P/E ratio as of November 2024 (TTM): 8.12

According to Samsung Life Insurance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.11513. At the end of 2022 the company had a P/E ratio of 8.06.

P/E ratio history for Samsung Life Insurance from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.062.87%
20217.83-30.18%
202011.2-18%
201913.757.95%
20188.66-54.07%
201718.990.7%
20169.89-42.29%
201517.13.88%
201416.5
201216.111.44%
201114.47.63%
201013.4

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.