P/E ratio for TMBThanachart Bank (ttb) (TTB.BK)
P/E ratio as of April 2024 (TTM): 10.4
According to TMBThanachart Bank (ttb) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4247. At the end of 2022 the company had a P/E ratio of 9.60.
P/E ratio history for TMBThanachart Bank (ttb) from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.60 | -29.02% |
| 2021 | 13.5 | 31.35% |
| 2020 | 10.3 | -10.94% |
| 2019 | 11.6 | 39.04% |
| 2018 | 8.31 | -40.33% |
| 2017 | 13.9 | 24.68% |
| 2016 | 11.2 | -1.45% |
| 2015 | 11.3 | -15.18% |
| 2014 | 13.4 | -9.3% |
| 2013 | 14.7 | -77.62% |
| 2012 | 65.9 | 325.61% |
| 2011 | 15.5 | -54.1% |
| 2010 | 33.7 | 35.94% |
| 2009 | 24.8 |
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.