Tubos Reunidos
TRG.MC
#8942
Rank
โ‚น7.02 B
Marketcap
โ‚น40.37
Share price
0.66%
Change (1 day)
-24.32%
Change (1 year)

P/E ratio for Tubos Reunidos (TRG.MC)

P/E ratio as of November 2024 (TTM): -1.77

According to Tubos Reunidos's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.772. At the end of 2023 the company had a P/E ratio of 2.00.

P/E ratio history for Tubos Reunidos from 2012 to 2020

PE ratio at the end of each year

Year P/E ratio Change
20232.00102.94%
20220.9840-230.97%
2021-0.751389.26%
2020-0.3970-51.05%
2019-0.81093.59%
2018-0.7828-80.59%
2017-4.0334.25%
2016-3.00-52.25%
2015-6.29-115.4%
201440.9-9.73%
201345.353.37%
201229.5172.97%
201110.8-148.44%
2010-22.3-106.26%
20093577934.36%
20084.44-63.13%
200712.0209.87%
20063.891.47%
20053.83

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.