P/E ratio for Tatneft (TATN.ME)
P/E ratio as of June 2024 (TTM): 6.59
According to Tatneft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.59092. At the end of 2020 the company had a P/E ratio of 11.1.
P/E ratio history for Tatneft from 2012 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 11.1 | 25.29% |
| 2019 | 8.89 | 13.44% |
| 2018 | 7.84 | -10.39% |
| 2017 | 8.75 | -2.74% |
| 2016 | 9.00 | 23.37% |
| 2015 | 7.29 | 29.61% |
| 2014 | 5.63 | -15.74% |
| 2013 | 6.68 | -0.93% |
| 2012 | 6.74 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cimarex Energy
XEC | N/A | N/A | 🇺🇸 USA |
 ConocoPhillips COP | 12.4 | 88.13% | 🇺🇸 USA |
 Southwestern Energy
SWN | 1.48 | -77.62% | 🇺🇸 USA |
 Canadian Natural Resources CNQ | 14.9 | 126.67% | 🇨🇦 Canada |
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.