TAV Airports Holding
TAVHL.IS
#3868
Rank
C$3.57 B
Marketcap
$9.83
Share price
0.83%
Change (1 day)
68.95%
Change (1 year)
TAV Airports Holding is a Turkish airport operation and services firm. The company operates several airports in Turkey, Croatia, Georgia, Kazakhstan, Latvia, North Macedonia, Saudi Arabia and Tunisia.

P/E ratio for TAV Airports Holding (TAVHL.IS)

P/E ratio as of November 2024 (TTM): 14.3

According to TAV Airports Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2776. At the end of 2022 the company had a P/E ratio of 15.5.

P/E ratio history for TAV Airports Holding from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.5-3.76%
202116.1-611.5%
2020-3.15-172.86%
20194.33-25.22%
20185.78-50.67%
201711.718.28%
20169.912.63%
20159.66-8.56%
201410.6-28.45%
201314.830.65%
201211.3-46.86%
201121.3-16.81%
201025.662.02%
200915.8

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.