P/E ratio for Srisawad Corporation (SAWAD.BK)
P/E ratio as of May 2024 (TTM): 11.2
According to Srisawad Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2294. At the end of 2022 the company had a P/E ratio of 15.0.
P/E ratio history for Srisawad Corporation from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.0 | -16.44% |
| 2021 | 18.0 | -9.36% |
| 2020 | 19.8 | -17.6% |
| 2019 | 24.0 | 24.98% |
| 2018 | 19.2 | -28.51% |
| 2017 | 26.9 | 19.14% |
| 2016 | 22.6 | -37.82% |
| 2015 | 36.3 | 31.07% |
| 2014 | 27.7 |
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.