Samsung, SK hynix Traded at 2-3 Times 2027-28 Earnings on Oct. 16
Photo: TokenPost
As of Oct. 16, Samsung Electronics and SK hynix traded at roughly two to three times projected 2027-28 earnings after both stocks had fallen more than 50% from their June peaks. The valuations were near levels associated with past memory-cycle lows, though the price and earnings outlook had not shown a comparable downturn. Samsung's projected price-to-earnings ratio was 3.0 times for 2027 and 2.8 times for 2028. SK hynix's was 2.7 times and 2.3 times, respectively. The calculations used consensus earnings estimates. Both companies also traded near one times projected book value per share for 2027-28.
Source: TokenPost
