SK Hynix
000660.KS
#383
Rank
$43.86 B
Marketcap
$63.78
Share price
-2.07%
Change (1 day)
-34.27%
Change (1 year)

P/E ratio for SK Hynix (000660.KS)

P/E ratio as of November 2022 (TTM): 5.23

According to SK Hynix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.22877. At the end of 2021 the company had a P/E ratio of 9.36.

P/E ratio history for SK Hynix from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.36-45.06%
202017.0-46.69%
201932.01074.23%
20182.72-46.42%
20175.08-52.43%
201610.7108.53%
20155.12-37.32%
20148.17-10.16%
20139.10-107.97%
2012-114-50.07%
2011-229-4373.77%
20105.35-114.33%
2009-37.35625.08%
2008-0.6522-101.98%
200733.0

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.