Tuas Limited
TUA.AX
#5044
Rank
NZ$2.11 B
Marketcap
$4.53
Share price
-3.45%
Change (1 day)
99.17%
Change (1 year)

P/E ratio for Tuas Limited (TUA.AX)

P/E ratio at the end of 2023: -58.9

According to Tuas Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -136.453. At the end of 2023 the company had a P/E ratio of -58.9.

P/E ratio history for Tuas Limited from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-58.9133.04%
2022-25.3

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.