SK Innovation
096775.KS
#1395
Rank
$12.52 B
Marketcap
$54.32
Share price
2.42%
Change (1 day)
-23.81%
Change (1 year)

P/E ratio for SK Innovation (096775.KS)

P/E ratio as of November 2024 (TTM): -7.60

According to SK Innovation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.59885. At the end of 2022 the company had a P/E ratio of 5.18.

P/E ratio history for SK Innovation from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.18-87.74%
202142.3-865.42%
2020-5.52-97.71%
2019-241-3972.13%
20186.23-1.89%
20176.3528.4%
20164.95-39.52%
20158.18-201.18%
2014-8.08-195.3%
20138.48110.76%
20124.02191.7%
20111.38

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.