P/E ratio for Samyang Foods (003230.KS)
P/E ratio as of April 2024 (TTM): 23.2
According to Samyang Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.1988. At the end of 2022 the company had a P/E ratio of 11.9.
P/E ratio history for Samyang Foods from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.9 | -5.71% |
| 2021 | 12.7 | 11.94% |
| 2020 | 11.3 | -0.45% |
| 2019 | 11.4 | 4.93% |
| 2018 | 10.8 | -60.13% |
| 2017 | 27.2 | 62.94% |
| 2016 | 16.7 | -125.26% |
| 2015 | -66.0 | -271.52% |
| 2014 | 38.5 | -26.76% |
| 2013 | 52.6 | 34.82% |
| 2012 | 39.0 | 44.98% |
| 2011 | 26.9 | 95.16% |
| 2010 | 13.8 | 102.46% |
| 2009 | 6.81 | 27.63% |
| 2008 | 5.33 | -80.55% |
| 2007 | 27.4 |
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.