TKH Group
TWEKA.AS
#4619
Rank
ยฃ1.27 B
Marketcap
ยฃ32.04
Share price
2.37%
Change (1 day)
-0.61%
Change (1 year)

P/E ratio for TKH Group (TWEKA.AS)

P/E ratio at the end of 2021: 23.2

According to TKH Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0711. At the end of 2021 the company had a P/E ratio of 23.2.

P/E ratio history for TKH Group from 2002 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202123.2-25.75%
202031.272.45%
201918.120.12%
201815.1-36.74%
201723.822.87%
201619.47.51%
201518.063.45%
201411.0-47.13%
201320.9-2.91%
201221.5113.68%
201110.1-30.64%
201014.5-90.31%
20091503276.26%
20084.43-47.65%
20078.47-33.16%
200612.749.31%
20058.49-15.47%
200410.0-36.62%
200315.8-232.99%
2002-11.9

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.