According to Siam City Cement (INSEE)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.5444. At the end of 2022 the company had a P/E ratio of 24.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 24.6 | 124.35% |
2021 | 11.0 | 0.1% |
2020 | 11.0 | -38.85% |
2019 | 17.9 | -13.28% |
2018 | 20.7 | -47.62% |
2017 | 39.5 | 146.31% |
2016 | 16.0 | 0.31% |
2015 | 16.0 | -18.3% |
2014 | 19.6 | 7.09% |
2013 | 18.3 | -33.29% |
2012 | 27.4 | 52.26% |
2011 | 18.0 | -9.72% |
2010 | 19.9 | 8.86% |
2009 | 18.3 |
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.