P/E ratio for Tingo Group (TIO)
P/E ratio as of March 2025 (TTM): 0.4570
According to Tingo Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.456954. At the end of 2022 the company had a P/E ratio of -2.31.
P/E ratio history for Tingo Group from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.31 | -11.11% |
| 2021 | -2.59 | 5.76% |
| 2020 | -2.45 | 7.43% |
| 2019 | -2.28 | 3.59% |
| 2018 | -2.20 | 122.33% |
| 2017 | -0.9912 | -26.97% |
| 2016 | -1.36 | -72.86% |
| 2015 | -5.00 | -47.36% |
| 2014 | -9.50 | -76.35% |
| 2013 | -40.2 | -1110.02% |
| 2012 | 3.98 | -26.03% |
| 2011 | 5.38 | 1136.27% |
| 2010 | 0.4348 | -108.7% |
| 2009 | -5.00 | -193.83% |
| 2008 | 5.33 | -100% |
| 2007 | > 1000 | -1.6470307208669E+17% |
| 2006 | -52.5 | -50% |
| 2005 | -105 | -419.7% |
| 2004 | 32.8 |
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.