P/E ratio for Thai Airways International (THAI.BK)
P/E ratio as of May 2024 (TTM): 0.1184
According to Thai Airways International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.118421. At the end of 2021 the company had a P/E ratio of 0.1315.
P/E ratio history for Thai Airways International from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 0.1315 | -369.13% |
| 2020 | -0.0489 | -96.06% |
| 2019 | -1.24 | -45.79% |
| 2018 | -2.29 | -87.17% |
| 2017 | -17.8 | -100.79% |
| 2016 | > 1000 | -147896.75% |
| 2015 | -1.54 | -24.78% |
| 2014 | -2.04 | -15.25% |
| 2013 | -2.41 | -130.79% |
| 2012 | 7.82 | -282.7% |
| 2011 | -4.28 | -173.33% |
| 2010 | 5.84 | 35.65% |
| 2009 | 4.31 | -798.89% |
| 2008 | -0.6161 | -105.5% |
| 2007 | 11.2 | 25.31% |
| 2006 | 8.93 | -4.09% |
| 2005 | 9.31 | 19.12% |
| 2004 | 7.82 | 31% |
| 2003 | 5.97 |
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.