P/E ratio for YTL Corporation Berhad (1773.T)
P/E ratio as of April 2024 (TTM): 48.5
According to YTL Corporation Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.5474. At the end of 2022 the company had a P/E ratio of 11.3.
P/E ratio history for YTL Corporation Berhad from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.3 | -150.24% |
| 2021 | -22.5 | -45.49% |
| 2020 | -41.2 | -141.31% |
| 2019 | 99.8 | 124.88% |
| 2018 | 44.4 | 136.54% |
| 2017 | 18.8 | -6.35% |
| 2016 | 20.0 | 6.3% |
| 2015 | 18.8 | 58.78% |
| 2014 | 11.9 | 2.86% |
| 2013 | 11.5 | -11.52% |
| 2012 | 13.0 |
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.