KakaoBank
323410.KS
#2117
Rank
S$9.87 B
Marketcap
$20.74
Share price
-2.21%
Change (1 day)
-26.26%
Change (1 year)

P/E ratio for KakaoBank (323410.KS)

P/E ratio as of December 2024 (TTM): 29.9

According to KakaoBank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.8808. At the end of 2022 the company had a P/E ratio of 43.9.

P/E ratio history for KakaoBank from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202243.9-65.21%
2021126

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.