TAG Immobilien
TEG.F
#3747
Rank
HK$21.12 B
Marketcap
HK$119.42
Share price
0.41%
Change (1 day)
11.86%
Change (1 year)

P/E ratio for TAG Immobilien (TEG.F)

P/E ratio as of November 2024 (TTM): -4.79

According to TAG Immobilien 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.78813. At the end of 2022 the company had a P/E ratio of 8.35.

P/E ratio history for TAG Immobilien from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.3522.34%
20216.83-27.54%
20209.4229.84%
20197.2618.43%
20186.13-16.83%
20177.37-17.77%
20168.96-36.02%
201514.0-73.58%
201453.027.03%
201341.7717.49%
20125.10-12.41%
20115.83-56.4%
201013.4-355.38%
2009-5.23

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.