Türk Telekom
TTKOM.IS
#2861
Rank
€4.38 B
Marketcap
1,25 €
Share price
-0.96%
Change (1 day)
78.87%
Change (1 year)

P/E ratio for Türk Telekom (TTKOM.IS)

P/E ratio as of November 2024 (TTM): 36.0

According to Türk Telekom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.0259. At the end of 2022 the company had a P/E ratio of 20.8.

P/E ratio history for Türk Telekom from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.8255.32%
20215.85-38.52%
20209.52-11.33%
201910.7-209.35%
2018-9.81-149.45%
201719.8-177.77%
2016-25.5-221.19%
201521.166.14%
201412.7-20.83%
201316.074.3%
20129.18-22%
201111.826.8%
20109.29

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.