P/E ratio for Halkbank (HALKB.IS)
P/E ratio as of April 2024 (TTM): 0.0000
According to Halkbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.94649E-8. At the end of 2022 the company had a P/E ratio of 0.0000.
P/E ratio history for Halkbank from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.0000 | -100% |
| 2021 | 6.08 | 127.58% |
| 2020 | 2.67 | -18.59% |
| 2019 | 3.28 | -0.84% |
| 2018 | 3.31 | -0.57% |
| 2017 | 3.33 | -27.84% |
| 2016 | 4.61 | -17.88% |
| 2015 | 5.61 | -26.75% |
| 2014 | 7.66 | 43.38% |
| 2013 | 5.34 | -36.58% |
| 2012 | 8.43 | 38.74% |
| 2011 | 6.07 | 44.63% |
| 2010 | 4.20 | -7.09% |
| 2009 | 4.52 |
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.