P/E ratio for Akbank (AKBNK.IS)
P/E ratio as of March 2023 (TTM): 1.94
According to Akbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.94484. At the end of 2021 the company had a P/E ratio of 3.15.
P/E ratio history for Akbank from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.15 | -45.08% |
| 2020 | 5.73 | -25.83% |
| 2019 | 7.73 | 60.5% |
| 2018 | 4.81 | -26.44% |
| 2017 | 6.54 | 1.6% |
| 2016 | 6.44 | -24.99% |
| 2015 | 8.59 | -14.83% |
| 2014 | 10.1 | 18.56% |
| 2013 | 8.50 | -27.42% |
| 2012 | 11.7 | 27.79% |
| 2011 | 9.17 | -21.82% |
| 2010 | 11.7 | 13.29% |
| 2009 | 10.4 | 30.28% |
| 2008 | 7.95 | -36.8% |
| 2007 | 12.6 | 4.97% |
| 2006 | 12.0 | -12.2% |
| 2005 | 13.6 | |
| 2003 | 5.73 | -91.11% |
| 2002 | 64.4 |
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.