Titanium Oyj
TITAN.HE
#9767
Rank
ยฃ55.84 M
Marketcap
ยฃ5.31
Share price
-0.65%
Change (1 day)
-3.52%
Change (1 year)

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

P/E ratio at the end of 2024: 14.7

According to Titanium Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.94733. At the end of 2024 the company had a P/E ratio of 14.7.

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

PE ratio at the end of each year

Year P/E ratio Change
202414.7-11.45%
202316.636.76%
202212.1-7.82%
202113.26.34%
202012.4-6.58%
201913.363.2%
20188.12-48.23%
201715.7

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.