According to Bank fรผr Tirol und Vorarlberg's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.876. At the end of 2022 the company had a P/E ratio of 15.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 15.8 | 18.85% |
2021 | 13.3 | -30.53% |
2020 | 19.1 | 140.57% |
2019 | 7.95 | 10.5% |
2018 | 7.19 | -21.49% |
2017 | 9.16 | -1.39% |
2016 | 9.29 | 137.39% |
2015 | 3.91 | -41.3% |
2014 | 6.66 | -0.95% |
2013 | 6.73 | -0.98% |
2012 | 6.80 | -5.39% |
2011 | 7.18 | -10.8% |
2010 | 8.05 | -20.12% |
2009 | 10.1 |
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.