Akbank
AKBNK.IS
#2828
Rank
$3.27 B
Marketcap
$0.69
Share price
-0.31%
Change (1 day)
16.95%
Change (1 year)

P/E ratio for Akbank (AKBNK.IS)

P/E ratio as of October 2022 (TTM): 1.85

According to Akbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.85045. 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
20213.15-45.16%
20205.74-25.72%
20197.7360.5%
20184.81-26.44%
20176.541.6%
20166.44-24.99%
20158.59-14.83%
201410.118.56%
20138.50-27.42%
201211.727.79%
20119.17-21.82%
201011.713.29%
200910.430.28%
20087.95-36.8%
200712.64.97%
200612.0-12.2%
200513.6
20035.73-91.11%
200264.4

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.