According to Woori Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.53101. At the end of 2022 the company had a P/E ratio of 2.81.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.81 | -22.35% |
2021 | 3.62 | -41.54% |
2020 | 6.19 | 44.31% |
2019 | 4.29 | -19.78% |
2018 | 5.35 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
HDFC Bank HDB | 19.6 | 454.54% | ๐ฎ๐ณ India |
Shinhan Financial Group
SHG | 5.69 | 61.23% | ๐ฐ๐ท S. Korea |
KB Financial Group KB | 6.74 | 90.76% | ๐ฐ๐ท S. Korea |
ICICI Bank IBN | 19.8 | 459.45% | ๐ฎ๐ณ India |
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.