Tinexta
TNXT.MI
#7163
Rank
A$0.56 B
Marketcap
$12.30
Share price
-0.20%
Change (1 day)
-57.07%
Change (1 year)

P/E ratio for Tinexta (TNXT.MI)

P/E ratio as of November 2024 (TTM): 6.71

According to Tinexta's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.71235. At the end of 2022 the company had a P/E ratio of 13.8.

P/E ratio history for Tinexta from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.8-70.67%
202147.177.23%
202026.637.49%
201919.3107.14%
20189.33-33%
201713.9-4.67%
201614.663.84%
20158.92-60.98%
201422.9

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.