According to Akbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.08222. At the end of 2022 the company had a P/E ratio of 1.69.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.69 | -45.14% |
2021 | 3.09 | -46.97% |
2020 | 5.82 | -22.02% |
2019 | 7.47 | 57.69% |
2018 | 4.74 | -27.64% |
2017 | 6.54 | 1.58% |
2016 | 6.44 | -22.4% |
2015 | 8.30 | -18.99% |
2014 | 10.2 | 17.63% |
2013 | 8.71 | -25.74% |
2012 | 11.7 | 23.44% |
2011 | 9.51 | 11.12% |
2010 | 8.55 |
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.