According to Şişecam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.21381. At the end of 2022 the company had a P/E ratio of 6.55.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.55 | 53.11% |
2021 | 4.28 | -49.2% |
2020 | 8.43 | 34.34% |
2019 | 6.27 | 9.33% |
2018 | 5.74 | -33.53% |
2017 | 8.63 | -18.31% |
2016 | 10.6 | 25.99% |
2015 | 8.39 | -53.08% |
2014 | 17.9 | 76.97% |
2013 | 10.1 | -31.42% |
2012 | 14.7 | 127.26% |
2011 | 6.48 | -14.25% |
2010 | 7.56 | -60.84% |
2009 | 19.3 |
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.