Erdemir
EREGL.IS
#2712
Rank
HK$38.42 B
Marketcap
HK$5.49
Share price
-0.40%
Change (1 day)
-50.15%
Change (1 year)

P/E ratio for Erdemir (EREGL.IS)

P/E ratio as of December 2024 (TTM): 108

According to Erdemir's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 107.73. At the end of 2022 the company had a P/E ratio of 8.02.

P/E ratio history for Erdemir from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.0226.35%
20216.35-59.94%
202015.865.53%
20199.57111.75%
20184.52-51.62%
20179.34-21.23%
201611.925.53%
20159.45-3.07%
20149.75-0.7%
20139.82-43.29%
201217.3144.62%
20117.08-37.07%
201011.2-126.52%
2009-42.4

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.