Thurgauer Kantonalbank
TKBP.SW
#6472
Rank
A$0.86 B
Marketcap
$216.40
Share price
0.40%
Change (1 day)
2.92%
Change (1 year)

P/E ratio for Thurgauer Kantonalbank (TKBP.SW)

P/E ratio at the end of 2023: 14.4

According to Thurgauer Kantonalbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7504. At the end of 2023 the company had a P/E ratio of 14.4.

P/E ratio history for Thurgauer Kantonalbank from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202314.4-15.04%
202217.011.29%
202115.2404.49%
20203.02-15.25%
20193.575.56%
20183.38-3.25%
20173.496.88%
20163.2711.22%
20152.94

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.