Doosan Bobcat
241560.KS
#3801
Rank
$2.64 B
Marketcap
$26.38
Share price
-2.11%
Change (1 day)
-11.21%
Change (1 year)

P/E ratio for Doosan Bobcat (241560.KS)

P/E ratio as of November 2024 (TTM): 3.83

According to Doosan Bobcat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.82614. At the end of 2022 the company had a P/E ratio of 5.47.

P/E ratio history for Doosan Bobcat from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.47-48.8%
202110.7-10.79%
202012.0-6.61%
201912.89.38%
201811.7-11.32%
201713.2-33.4%
201619.8

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.