P/E ratio for Samsung (005930.KS)
P/E ratio as of May 2024 (TTM): 14.2
According to Samsung's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2142. At the end of 2022 the company had a P/E ratio of 6.86.
P/E ratio history for Samsung from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.86 | -49.36% |
| 2021 | 13.6 | -35.73% |
| 2020 | 21.1 | 19.69% |
| 2019 | 17.6 | 193.82% |
| 2018 | 6.00 | -29.5% |
| 2017 | 8.51 | -25.51% |
| 2016 | 11.4 | 14.47% |
| 2015 | 9.98 | 15.1% |
| 2014 | 8.67 | 24.98% |
| 2013 | 6.93 | -32.24% |
| 2012 | 10.2 | -14.14% |
| 2011 | 11.9 | 33.08% |
| 2010 | 8.96 | -27.35% |
| 2009 | 12.3 | 3.02% |
| 2008 | 12.0 | 8.95% |
| 2007 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 26.8 | 88.44% | 🇺🇸 USA |
 TSMC TSM | 21.8 | 53.42% | 🇹🇼 Taiwan |
 NVIDIA NVDA | 206 | 1,347.82% | 🇺🇸 USA |
 LG Corp
003550.KS | 11.6 | -18.27% | 🇰🇷 S. Korea |
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.