Kasikornbank
KBANK.BK
#1570
Rank
ยฃ8.63 B
Marketcap
ยฃ3.64
Share price
0.97%
Change (1 day)
21.22%
Change (1 year)

P/E ratio for Kasikornbank (KBANK.BK)

P/E ratio as of December 2024 (TTM): 11.1

According to Kasikornbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1397. At the end of 2022 the company had a P/E ratio of 9.98.

P/E ratio history for Kasikornbank from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.9810.83%
20219.00-1.03%
20209.10-2.45%
20199.33-18.98%
201811.5-28.79%
201716.252.93%
201610.615.83%
20159.13-23.16%
201411.940.98%
20138.43-36.68%
201213.310.27%
201112.1-19.42%
201015.08.53%
200913.896.25%
20087.03-47.52%
200713.4

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.