P/E ratio for Tiger Brands (TBS.JO)
P/E ratio at the end of 2021: 13.8
According to Tiger Brands's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0733. At the end of 2021 the company had a P/E ratio of 13.8.
P/E ratio history for Tiger Brands from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.8 | -53.78% |
| 2020 | 29.9 | 286.07% |
| 2019 | 7.75 | -43.25% |
| 2018 | 13.7 | -3.76% |
| 2017 | 14.2 | 0.06% |
| 2016 | 14.2 | -32.89% |
| 2015 | 21.1 | 42.65% |
| 2014 | 14.8 | 46.6% |
| 2013 | 10.1 | 43.32% |
| 2012 | 7.05 | 30.01% |
| 2011 | 5.42 | 9.32% |
| 2010 | 4.96 | 30.56% |
| 2009 | 3.80 | -3.5% |
| 2008 | 3.94 | 3.25% |
| 2007 | 3.81 | 19.13% |
| 2006 | 3.20 | -20.94% |
| 2005 | 4.05 | 21.94% |
| 2004 | 3.32 | 32.24% |
| 2003 | 2.51 | -63.63% |
| 2002 | 6.91 |
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.