P/E ratio for TT Electronics (TTG.L)
P/E ratio at the end of 2023: -41.2
According to TT Electronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of -41.2.
P/E ratio history for TT Electronics from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -41.2 | 63.94% |
| 2022 | -25.1 | -173.24% |
| 2021 | 34.3 | -86.21% |
| 2020 | 249 | 955.44% |
| 2019 | 23.6 | -4.39% |
| 2018 | 24.7 | 235.21% |
| 2017 | 7.36 | -56.24% |
| 2016 | 16.8 | -22.91% |
| 2015 | 21.8 | -269.26% |
| 2014 | -12.9 | -168.22% |
| 2013 | 18.9 | 132.86% |
| 2012 | 8.11 | 15.11% |
| 2011 | 7.05 | -19.32% |
| 2010 | 8.74 | -283.56% |
| 2009 | -4.76 | -222.75% |
| 2008 | 3.88 | -58.75% |
| 2007 | 9.40 | -2.25% |
| 2006 | 9.62 | -27.73% |
| 2005 | 13.3 | 19.81% |
| 2004 | 11.1 | -101.09% |
| 2003 | < -1000 | -12070.71% |
| 2002 | 8.54 | -26.37% |
| 2001 | 11.6 |
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.