P/E ratio for Ford Otosan (FROTO.IS)
P/E ratio as of April 2024 (TTM): 8.24
According to Ford Otosan 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.23531. At the end of 2022 the company had a P/E ratio of 9.89.
P/E ratio history for Ford Otosan from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.89 | 4.16% |
| 2021 | 9.49 | -9.24% |
| 2020 | 10.5 | -18.17% |
| 2019 | 12.8 | 19.14% |
| 2018 | 10.7 | -24.14% |
| 2017 | 14.1 | 25.8% |
| 2016 | 11.2 | -10.89% |
| 2015 | 12.6 | -34.11% |
| 2014 | 19.1 | 54.36% |
| 2013 | 12.4 | 13.03% |
| 2012 | 11.0 | 36.28% |
| 2011 | 8.05 | -11.14% |
| 2010 | 9.06 |
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.