P/E ratio for Advanced Info Service (AIS) (ADVANC.BK)
P/E ratio as of May 2024 (TTM): 20.4
According to Advanced Info Service (AIS)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3502. At the end of 2022 the company had a P/E ratio of 22.3.
P/E ratio history for Advanced Info Service (AIS) from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.3 | -12.41% |
| 2021 | 25.4 | 33.28% |
| 2020 | 19.1 | -5.9% |
| 2019 | 20.3 | 16.69% |
| 2018 | 17.4 | -7.89% |
| 2017 | 18.9 | 32.5% |
| 2016 | 14.2 | 23.42% |
| 2015 | 11.5 | -44.27% |
| 2014 | 20.7 | 35.11% |
| 2013 | 15.3 | -13.97% |
| 2012 | 17.8 | -5.02% |
| 2011 | 18.8 | 52.49% |
| 2010 | 12.3 | -18.09% |
| 2009 | 15.0 |
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.