Akbank
AKBNK.IS
#2028
Rank
$7.27 B
Marketcap
$1.40
Share price
-0.18%
Change (1 day)
66.67%
Change (1 year)

P/E ratio for Akbank (AKBNK.IS)

P/E ratio as of February 2024 (TTM): 2.12

According to Akbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.1223. At the end of 2022 the company had a P/E ratio of 1.69.

P/E ratio history for Akbank from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.69-45.14%
20213.09-46.97%
20205.82-22.02%
20197.4757.69%
20184.74-27.64%
20176.541.58%
20166.44-22.4%
20158.30-18.99%
201410.217.63%
20138.71-25.74%
201211.723.44%
20119.5111.12%
20108.55

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.