P/E ratio for TPG Telecom (TPG.AX)
P/E ratio at the end of 2022: 17.3
According to TPG Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2253. At the end of 2022 the company had a P/E ratio of 17.3.
P/E ratio history for TPG Telecom from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.3 | -80.82% |
| 2021 | 90.2 | 838.52% |
| 2020 | 9.61 | -73.5% |
| 2019 | 36.3 | 201.24% |
| 2018 | 12.0 | 22.8% |
| 2017 | 9.81 | -59.79% |
| 2016 | 24.4 | -20.25% |
| 2015 | 30.6 | 68.38% |
| 2014 | 18.2 | 29.13% |
| 2013 | 14.1 | 33.41% |
| 2012 | 10.5 | 15.43% |
| 2011 | 9.13 | -47.33% |
| 2010 | 17.3 | 11.94% |
| 2009 | 15.5 | -526.31% |
| 2008 | -3.63 | -178.13% |
| 2007 | 4.65 | -84.34% |
| 2006 | 29.7 | -21.19% |
| 2005 | 37.7 | 17.57% |
| 2004 | 32.0 | -18.47% |
| 2003 | 39.3 | -40.7% |
| 2002 | 66.3 |
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.