TPG Telecom
TPG.AX
#2649
Rank
ยฃ4.22 B
Marketcap
ยฃ2.27
Share price
0.69%
Change (1 day)
-7.56%
Change (1 year)

P/E ratio for TPG Telecom (TPG.AX)

P/E ratio at the end of 2022: 17.1

According to TPG Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.182. At the end of 2022 the company had a P/E ratio of 17.1.

P/E ratio history for TPG Telecom from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202217.1-80.82%
202189.3838.52%
20209.52-72.74%
201934.9201.24%
201811.622.8%
20179.44-59.79%
201623.5-20.25%
201529.468.38%
201417.529.13%
201313.533.41%
201210.115.43%
20118.79-47.33%
201016.711.94%
200914.9-526.31%
2008-3.50-178.13%
20074.47-84.34%
200628.6-21.19%
200536.317.57%
200430.8-18.47%
200337.8-40.7%
200263.8

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.