TINC NV
TINC.BR
#6709
Rank
โ‚น60.68 B
Marketcap
โ‚น1,252
Share price
0.69%
Change (1 day)
33.65%
Change (1 year)

P/E ratio for TINC NV (TINC.BR)

P/E ratio at the end of 2024: 8.86

According to TINC NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5235. At the end of 2024 the company had a P/E ratio of 8.86.

P/E ratio history for TINC NV from 2016 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20248.86-10.56%
20239.91-39.07%
202216.353.39%
202110.6-38.59%
202017.339.73%
201912.433.13%
20189.28-3.6%
20179.6321.94%
20167.90

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.