Titanium Oyj
TITAN.HE
#9521
Rank
ยฃ60.59 M
Marketcap
ยฃ5.77
Share price
1.85%
Change (1 day)
-4.59%
Change (1 year)

P/E ratio for Titanium Oyj (TITAN.HE)

P/E ratio at the end of 2024: 12.8

According to Titanium Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7586. At the end of 2024 the company had a P/E ratio of 12.8.

P/E ratio history for Titanium Oyj from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202412.8-11.45%
202314.436.76%
202210.6-7.82%
202111.56.34%
202010.8-6.58%
201911.563.2%
20187.06-48.23%
201713.6

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.