TPG Telecom
TPG.AX
#2667
Rank
NZ$9.01 B
Marketcap
$4.85
Share price
-0.23%
Change (1 day)
-10.59%
Change (1 year)

P/E ratio for TPG Telecom (TPG.AX)

P/E ratio at the end of 2022: 16.2

According to TPG Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4231. At the end of 2022 the company had a P/E ratio of 16.2.

P/E ratio history for TPG Telecom from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202216.2-80.82%
202184.4838.52%
20208.99-72.74%
201933.0201.24%
201810.922.8%
20178.92-59.79%
201622.2-20.25%
201527.868.38%
201416.529.13%
201312.833.41%
20129.5815.43%
20118.30-47.33%
201015.811.94%
200914.1-526.31%
2008-3.30-178.13%
20074.23-84.34%
200627.0-21.19%
200534.317.57%
200429.1-18.47%
200335.7-40.7%
200260.3

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.