TMBThanachart Bank (ttb)
TTB.BK
#2607
Rank
S$7.16 B
Marketcap
$0.07359
Share price
0.54%
Change (1 day)
11.34%
Change (1 year)

P/E ratio for TMBThanachart Bank (ttb) (TTB.BK)

P/E ratio as of December 2024 (TTM): 11.3

According to TMBThanachart Bank (ttb) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3245. At the end of 2022 the company had a P/E ratio of 9.60.

P/E ratio history for TMBThanachart Bank (ttb) from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.60-29.02%
202113.531.35%
202010.3-10.94%
201911.639.04%
20188.31-40.33%
201713.924.68%
201611.2-1.45%
201511.3-15.18%
201413.4-9.3%
201314.7-77.62%
201265.9325.61%
201115.5-54.1%
201033.735.94%
200924.8

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.