Coca-Cola İçecek
CCOLA.IS
#3103
Rank
HK$30.85 B
Marketcap
HK$11.03
Share price
3.43%
Change (1 day)
-90.23%
Change (1 year)
Categories

P/E ratio for Coca-Cola İçecek (CCOLA.IS)

P/E ratio as of November 2024 (TTM): 1.29

According to Coca-Cola İçecek 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.29365. At the end of 2022 the company had a P/E ratio of 12.0.

P/E ratio history for Coca-Cola İçecek from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.021.06%
20219.92-28.86%
202013.936.62%
201910.2-57.63%
201824.1-34.56%
201736.8-111.23%
2016-328-505.9%
201580.799.05%
201440.650.49%
201327.040.17%
201219.2-53.76%
201141.658.37%
201026.319.9%
200921.9

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.