According to Korean Air Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.04019. At the end of 2022 the company had a P/E ratio of 6.39.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.39 | -72.36% |
2021 | 23.1 | -178.18% |
2020 | -29.6 | 584.34% |
2019 | -4.32 | -60.79% |
2018 | -11.0 | -575.99% |
2017 | 2.32 | -191.17% |
2016 | -2.54 | 5.01% |
2015 | -2.42 | -8.57% |
2014 | -2.65 | -22.64% |
2013 | -3.42 | -173.79% |
2012 | 4.64 | -182.13% |
2011 | -5.65 |
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.