GarantiBank
GARAN.IS
#1296
Rank
$13.78 B
Marketcap
$3.28
Share price
3.85%
Change (1 day)
93.00%
Change (1 year)

P/E ratio for GarantiBank (GARAN.IS)

P/E ratio as of November 2024 (TTM): 4.97

According to GarantiBank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.96523. At the end of 2022 the company had a P/E ratio of 2.77.

P/E ratio history for GarantiBank from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.77
20206.97-8.03%
20197.587.98%
20187.02-1.06%
20177.0918.07%
20166.01-28.01%
20158.35-23.97%
201411.023.99%
20138.85-26.18%
201212.052.65%
20117.86

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.