According to Korean Air Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.78895. At the end of 2024 the company had a P/E ratio of 6.37.
Year | P/E ratio | Change |
---|---|---|
2024 | 6.37 | -27.31% |
2023 | 8.76 | 36.56% |
2022 | 6.41 | -70.03% |
2021 | 21.4 | -165.88% |
2020 | -32.5 | 640.83% |
2019 | -4.38 | -60.27% |
2018 | -11.0 | -525.62% |
2017 | 2.59 | -201.99% |
2016 | -2.54 | 3.07% |
2015 | -2.47 | -6.86% |
2014 | -2.65 | -46.6% |
2013 | -4.96 | -206.94% |
2012 | 4.64 | -182.13% |
2011 | -5.65 | -217.23% |
2010 | 4.82 | -133.41% |
2009 | -14.4 | 2612.32% |
2008 | -0.5314 | -100.25% |
2007 | 209 |
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.