P/E ratio for United Tractors (UNTR.JK)
P/E ratio as of April 2024 (TTM): 3.78
According to United Tractors 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.776. At the end of 2021 the company had a P/E ratio of 7.64.
P/E ratio history for United Tractors from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.64 | -46.79% |
| 2020 | 14.4 | 102.64% |
| 2019 | 7.09 | -17.36% |
| 2018 | 8.57 | -46.2% |
| 2017 | 15.9 | -2.35% |
| 2016 | 16.3 | 1.37% |
| 2015 | 16.1 | 51.88% |
| 2014 | 10.6 | -11.36% |
| 2013 | 12.0 | 6.65% |
| 2012 | 11.2 | -12.7% |
| 2011 | 12.8 | -22.75% |
| 2010 | 16.6 | 68.54% |
| 2009 | 9.86 | 144.02% |
| 2008 | 4.04 | |
| 2006 | 17.2 | 85.89% |
| 2005 | 9.24 |
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.