P/E ratio for Arçelik (ARCLK.IS)
P/E ratio as of April 2024 (TTM): 13.2
According to Arçelik's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2461. At the end of 2022 the company had a P/E ratio of 16.2.
P/E ratio history for Arçelik from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.2 | 54.09% |
| 2021 | 10.5 | 44.99% |
| 2020 | 7.25 | -52.3% |
| 2019 | 15.2 | 21% |
| 2018 | 12.6 | -27.16% |
| 2017 | 17.2 | 56.49% |
| 2016 | 11.0 | 3.96% |
| 2015 | 10.6 | -35.49% |
| 2014 | 16.4 | 19.67% |
| 2013 | 13.7 | -9.88% |
| 2012 | 15.2 | 87.06% |
| 2011 | 8.14 | -20.12% |
| 2010 | 10.2 | 57.75% |
| 2009 | 6.46 |
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.