P/E ratio for UPM-Kymmene (UPM.HE)
P/E ratio as of April 2024 (TTM): 24.1
According to UPM-Kymmene's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.0783. At the end of 2022 the company had a P/E ratio of 12.2.
P/E ratio history for UPM-Kymmene from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.2 | -11.67% |
| 2021 | 13.8 | -52.35% |
| 2020 | 29.0 | 86.83% |
| 2019 | 15.5 | 97.15% |
| 2018 | 7.88 | -44.66% |
| 2017 | 14.2 | 0.64% |
| 2016 | 14.1 | 41.21% |
| 2015 | 10.0 | -29.39% |
| 2014 | 14.2 | -27.21% |
| 2013 | 19.5 | -573.74% |
| 2012 | -4.11 | -142.55% |
| 2011 | 9.67 | |
| 2009 | -55.5 | 115.7% |
| 2008 | -25.7 | -130.42% |
| 2007 | 84.5 | 187.04% |
| 2006 | 29.4 | -27.34% |
| 2005 | 40.5 |
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.