TPG Telecom
TPG.AX
#3124
Rank
C$6.66 B
Marketcap
C$3.43
Share price
-0.93%
Change (1 day)
-13.59%
Change (1 year)

P/E ratio for TPG Telecom (TPG.AX)

P/E ratio at the end of 2024: -77.8

According to TPG Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -68.0419. At the end of 2024 the company had a P/E ratio of -77.8.

P/E ratio history for TPG Telecom from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-77.8-144.65%
20231741051.05%
202215.1-80.13%
202176.2844.65%
20208.06-72.19%
201929.0204.71%
20189.5223.78%
20177.69-58.94%
201618.7-19.38%
201523.270.45%
201413.629.95%
201310.538.24%
20127.5819.38%
20116.35-46.37%
201011.813.98%
200910.4-545.57%
2008-2.33-185.72%
20072.72-81.6%
200614.8-6.37%
200515.89.33%
200414.5-23.35%
200318.9-50.52%
200238.1

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.