P/E ratio for OYAK Çimento (OYAKC.IS)
P/E ratio as of April 2024 (TTM): 6.46
According to OYAK Çimento's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.45962. At the end of 2022 the company had a P/E ratio of 5.43.
P/E ratio history for OYAK Çimento from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.43 | -56.69% |
| 2021 | 12.5 | -57.3% |
| 2020 | 29.4 | |
| 2015 | 9.25 | 5.16% |
| 2014 | 8.80 | -0.89% |
| 2013 | 8.88 | -43.49% |
| 2012 | 15.7 | 101.56% |
| 2011 | 7.79 | -26.76% |
| 2010 | 10.6 |
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.