TAKKT AG
TTK.DE
#6456
Rank
โ‚น48.39 B
Marketcap
โ‚น747.00
Share price
-0.71%
Change (1 day)
-38.21%
Change (1 year)

P/E ratio for TAKKT AG (TTK.DE)

P/E ratio as of November 2024 (TTM): 10.0

According to TAKKT AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0166. At the end of 2022 the company had a P/E ratio of 15.0.

P/E ratio history for TAKKT AG from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.0-14.79%
202117.7-5.6%
202018.770.96%
201910.98.74%
201810.1-21.08%
201712.7-17.63%
201615.53.19%
201515.010.18%
201413.6-20.3%
201317.163.31%
201210.523.95%
20118.44-59.38%
201020.819.1%
200917.4

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.