P/E ratio for Migros Ticaret A.S. (MGROS.IS)
P/E ratio as of April 2024 (TTM): 11.0
According to Migros Ticaret A.S.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9989. At the end of 2022 the company had a P/E ratio of 10.3.
P/E ratio history for Migros Ticaret A.S. from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.3 | -45.85% |
| 2021 | 19.1 | -198.98% |
| 2020 | -19.3 | 102.12% |
| 2019 | -9.53 | 196.36% |
| 2018 | -3.22 | -132.9% |
| 2017 | 9.77 | -194.51% |
| 2016 | -10.3 | 23.26% |
| 2015 | -8.39 | -120.65% |
| 2014 | 40.6 | -757.62% |
| 2013 | -6.18 | -114.08% |
| 2012 | 43.9 | -421.31% |
| 2011 | -13.7 | -111.15% |
| 2010 | 123 |
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.