P/E ratio for Charoen Pokphand Indonesia (CPIN.JK)
P/E ratio as of May 2024 (TTM): 41.8
According to Charoen Pokphand Indonesia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.7595. At the end of 2022 the company had a P/E ratio of 31.6.
P/E ratio history for Charoen Pokphand Indonesia from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.6 | 17.24% |
| 2021 | 26.9 | -3.45% |
| 2020 | 27.9 | -4.76% |
| 2019 | 29.3 | 12.66% |
| 2018 | 26.0 | 32.54% |
| 2017 | 19.6 | -14.33% |
| 2016 | 22.9 | -1.38% |
| 2015 | 23.2 | -34.3% |
| 2014 | 35.3 | 61.2% |
| 2013 | 21.9 | -0.16% |
| 2012 | 22.0 |
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.