According to Hanwha Ocean (DSME)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.88419. At the end of 2022 the company had a P/E ratio of -1.08.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.08 | -19.98% |
2021 | -1.34 | -102.06% |
2020 | 65.4 | -268.15% |
2019 | -38.9 | -489.89% |
2018 | 9.97 | 796.53% |
2017 | 1.11 | -1650.2% |
2016 | -0.0718 | -85.37% |
2015 | -0.4904 | -87.26% |
2014 | -3.85 | -54.85% |
2013 | -8.52 | -135.69% |
2012 | 23.9 | 273.88% |
2011 | 6.39 | -22.11% |
2010 | 8.20 | 51.38% |
2009 | 5.42 | -15.92% |
2008 | 6.44 | -76.37% |
2007 | 27.3 |
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.