TINC NV
TINC.BR
#6869
Rank
A$0.67 B
Marketcap
$18.54
Share price
-0.53%
Change (1 day)
-4.70%
Change (1 year)

P/E ratio for TINC NV (TINC.BR)

P/E ratio at the end of 2023: 10.8

According to TINC NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9008. At the end of 2023 the company had a P/E ratio of 10.8.

P/E ratio history for TINC NV from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202310.8-41.49%
202218.548.86%
202112.4-41.02%
202021.039.17%
201915.123.91%
201812.2-2.51%
201712.520.6%
201610.4

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.