Thai Beverage
TBVPF
#1758
Rank
$9.12 B
Marketcap
$0.36
Share price
-0.42%
Change (1 day)
-23.72%
Change (1 year)

P/E ratio for Thai Beverage (TBVPF)

P/E ratio as of March 2024 (TTM): 9.97

According to Thai Beverage 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.9749. At the end of 2019 the company had a P/E ratio of 20.4.

P/E ratio history for Thai Beverage from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
201920.426.31%
201816.2-18.61%
201719.93.04%
201619.321.64%
201515.9-14.53%
201418.63.6%
201317.996.16%
20129.13-21.3%
201111.6-28.8%
201016.3

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.