P/E ratio for Efes Beverage Group (AEFES.IS)
P/E ratio as of April 2024 (TTM): 12.7
According to Efes Beverage Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6807. At the end of 2022 the company had a P/E ratio of 11.7.
P/E ratio history for Efes Beverage Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.7 | -28.74% |
| 2021 | 16.4 | -4.52% |
| 2020 | 17.2 | 29% |
| 2019 | 13.3 | -101.27% |
| 2018 | < -1000 | -1192.74% |
| 2017 | 95.9 | -165.04% |
| 2016 | -147 | 160.71% |
| 2015 | -56.5 | 115.47% |
| 2014 | -26.2 | -597.28% |
| 2013 | 5.28 | -79.07% |
| 2012 | 25.2 | -18.13% |
| 2011 | 30.8 | 47.28% |
| 2010 | 20.9 | 17.54% |
| 2009 | 17.8 |
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.