Shinsegae
004170.KS
#5648
Rank
NZ$1.53 B
Marketcap
$169.72
Share price
-5.41%
Change (1 day)
-23.02%
Change (1 year)

P/E ratio for Shinsegae (004170.KS)

P/E ratio as of November 2024 (TTM): 3.26

According to Shinsegae's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.25715. At the end of 2022 the company had a P/E ratio of 5.33.

P/E ratio history for Shinsegae from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.33-34.55%
20218.14-137.44%
2020-21.7-496.29%
20195.49-48.18%
201810.6-35.61%
201716.4115.81%
20167.6235.47%
20155.63-50.51%
201411.4-27.86%
201315.817.93%
201213.41078.39%
20111.13-72.84%
20104.18-39.69%
20096.9212.54%
20086.15-40.86%
200710.4

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.