Coca-Cola İçecek
CCOLA.IS
#3496
Rank
$2.55 B
Marketcap
$10.06
Share price
4.83%
Change (1 day)
22.53%
Change (1 year)
Categories

P/E ratio for Coca-Cola İçecek (CCOLA.IS)

P/E ratio as of February 2023 (TTM): 8.04

According to Coca-Cola İçecek 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.04215. At the end of 2021 the company had a P/E ratio of 9.97.

P/E ratio history for Coca-Cola İçecek from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.97-27.06%
202013.730.86%
201910.4-56.27%
201823.9-35.07%
201736.8-112.23%
2016-301-450.43%
201585.9112.53%
201440.449.18%
201327.19.07%
201224.8-39.3%
201140.952.31%
201026.924.97%
200921.57.46%
200820.0-9.77%
200722.2-27.49%
200630.6

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.