According to Tenaga Nasional 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.015. At the end of 2022 the company had a P/E ratio of 14.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 14.8 | 4.3% |
2021 | 14.2 | -13.4% |
2020 | 16.4 | 1.02% |
2019 | 16.3 | -15.69% |
2018 | 19.3 | 57.12% |
2017 | 12.3 | 20.01% |
2016 | 10.2 | -13.71% |
2015 | 11.9 | 14.64% |
2014 | 10.3 | -3.3% |
2013 | 10.7 | 63.02% |
2012 | 6.56 |
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.