P/E ratio for Taiba Investments (4090.SR)
P/E ratio as of June 2024 (TTM): 33.3
According to Taiba Investments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.2674. At the end of 2022 the company had a P/E ratio of 28.9.
P/E ratio history for Taiba Investments from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.9 | -166.36% |
| 2021 | -43.6 | -189.14% |
| 2020 | 48.9 | 75.11% |
| 2019 | 27.9 | -60% |
| 2018 | 69.8 | 95.87% |
| 2017 | 35.6 | 58.21% |
| 2016 | 22.5 | 84.97% |
| 2015 | 12.2 | 134.45% |
| 2014 | 5.19 | -77.27% |
| 2013 | 22.8 | 149.59% |
| 2012 | 9.15 | -23.7% |
| 2011 | 12.0 |
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.