P/E ratio for Erdemir (EREGL.IS)
P/E ratio as of July 2025 (TTM): 13.5
According to Erdemir's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4687. At the end of 2024 the company had a P/E ratio of 12.3.
P/E ratio history for Erdemir from 2009 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 12.3 | -28.46% |
| 2023 | 17.2 | 120.72% |
| 2022 | 7.77 | 21.6% |
| 2021 | 6.39 | -60.34% |
| 2020 | 16.1 | 68.96% |
| 2019 | 9.54 | 111.04% |
| 2018 | 4.52 | -51.61% |
| 2017 | 9.34 | -21.24% |
| 2016 | 11.9 | 21.92% |
| 2015 | 9.73 | 1.17% |
| 2014 | 9.62 | -0.1% |
| 2013 | 9.63 | -42.54% |
| 2012 | 16.8 | 136.72% |
| 2011 | 7.08 | -34.07% |
| 2010 | 10.7 | -126.07% |
| 2009 | -41.2 | -287.66% |
| 2008 | 21.9 | 74.88% |
| 2007 | 12.5 | 95.71% |
| 2006 | 6.41 | -71.3% |
| 2005 | 22.3 |
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.