Titanium Oyj
TITAN.HE
#9461
Rank
ยฃ60.69 M
Marketcap
ยฃ5.87
Share price
1.82%
Change (1 day)
-29.98%
Change (1 year)

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

P/E ratio at the end of 2023: 16.7

According to Titanium Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.40264. At the end of 2023 the company had a P/E ratio of 16.7.

P/E ratio history for Titanium Oyj from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202316.736.63%
202212.2-7.82%
202113.36.34%
202012.5-6.58%
201913.463.2%
20188.18-48.23%
201715.8

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.