P/E ratio for Charoen Pokphand Foods (CPF.BK)
P/E ratio as of May 2024 (TTM): 70.5
According to Charoen Pokphand Foods 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 70.4909. At the end of 2022 the company had a P/E ratio of 14.7.
P/E ratio history for Charoen Pokphand Foods from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.7 | -10.23% |
| 2021 | 16.3 | 92.49% |
| 2020 | 8.49 | -32.99% |
| 2019 | 12.7 | -7.51% |
| 2018 | 13.7 | 9.61% |
| 2017 | 12.5 | -15.68% |
| 2016 | 14.8 | 20.7% |
| 2015 | 12.3 | -35.55% |
| 2014 | 19.1 | -40.02% |
| 2013 | 31.8 | 146.75% |
| 2012 | 12.9 | -5.58% |
| 2011 | 13.6 | 12.62% |
| 2010 | 12.1 | 61.44% |
| 2009 | 7.50 |
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.