P/E ratio for Tecan (TECN.SW)
P/E ratio at the end of 2022: 46.8
According to Tecan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2534. At the end of 2022 the company had a P/E ratio of 46.8.
P/E ratio history for Tecan from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.8 | -21.63% |
| 2021 | 59.7 | 15.91% |
| 2020 | 51.5 | 3.23% |
| 2019 | 49.9 | 36.75% |
| 2018 | 36.5 | -10.44% |
| 2017 | 40.8 | 1.93% |
| 2016 | 40.0 | 7.15% |
| 2015 | 37.3 | 3.57% |
| 2014 | 36.0 | 36.77% |
| 2013 | 26.3 | 26.34% |
| 2012 | 20.9 | 32.15% |
| 2011 | 15.8 | -71.34% |
| 2010 | 55.1 | 178.07% |
| 2009 | 19.8 | -2.29% |
| 2008 | 20.3 | 2.08% |
| 2007 | 19.8 | -35.47% |
| 2006 | 30.8 | -56.24% |
| 2005 | 70.3 | 74.49% |
| 2004 | 40.3 | -43.69% |
| 2003 | 71.5 | 290.41% |
| 2002 | 18.3 |
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.