According to SK Innovation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.62904. At the end of 2022 the company had a P/E ratio of 5.18.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.18 | -88.14% |
2021 | 43.7 | -865.42% |
2020 | -5.71 | -97.71% |
2019 | -249 | -3972.13% |
2018 | 6.44 | -1.89% |
2017 | 6.57 | 28.4% |
2016 | 5.11 | -39.52% |
2015 | 8.45 | -201.18% |
2014 | -8.36 | -195.3% |
2013 | 8.77 | 110.76% |
2012 | 4.16 | 191.7% |
2011 | 1.43 |
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.