According to TISCO Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.24. At the end of 2022 the company had a P/E ratio of 11.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.0 | -2.81% |
2021 | 11.3 | -3.05% |
2020 | 11.7 | 7.07% |
2019 | 10.9 | 20.07% |
2018 | 9.09 | -21.91% |
2017 | 11.6 | 20.8% |
2016 | 9.64 | 20.44% |
2015 | 8.00 | 0% |
2014 | 8.00 | 18.99% |
2013 | 6.73 | -30.88% |
2012 | 9.73 | 14.98% |
2011 | 8.46 | -17.55% |
2010 | 10.3 | 11.13% |
2009 | 9.24 |
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.