P/E ratio for Samsung Life Insurance (032830.KS)
P/E ratio as of April 2024 (TTM): 6.63
According to Samsung Life Insurance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.62749. 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 |
|---|---|---|
| 2022 | 8.06 | 2.87% |
| 2021 | 7.83 | -30.18% |
| 2020 | 11.2 | -18% |
| 2019 | 13.7 | 57.95% |
| 2018 | 8.66 | -54.07% |
| 2017 | 18.9 | 90.7% |
| 2016 | 9.89 | -42.29% |
| 2015 | 17.1 | 3.88% |
| 2014 | 16.5 | |
| 2012 | 16.1 | 11.44% |
| 2011 | 14.4 | 7.63% |
| 2010 | 13.4 |
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.