Thai Union Group
TU.BK
#4609
Rank
NZ$2.88 B
Marketcap
$0.68
Share price
2.22%
Change (1 day)
2.51%
Change (1 year)
Categories

P/E ratio for Thai Union Group (TU.BK)

P/E ratio as of November 2024 (TTM): 12.1

According to Thai Union Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0668. At the end of 2022 the company had a P/E ratio of 11.5.

P/E ratio history for Thai Union Group from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.5-2.13%
202111.78.83%
202010.8-36.04%
201916.9-30.21%
201824.250.66%
201716.0-15.94%
201619.125.42%
201515.2-26.08%
201420.6-27.11%
201328.266.8%
201216.957.01%
201110.8-34.26%
201016.4106.3%
20097.95

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.