P/E ratio for Partner Communications (PTNR.TA)
P/E ratio as of April 2024 (TTM): -27.2
According to Partner Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -27.2. At the end of 2021 the company had a P/E ratio of 34.7.
P/E ratio history for Partner Communications from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 34.7 | -79.89% |
| 2020 | 173 | 42.23% |
| 2019 | 121 | 113.92% |
| 2018 | 56.7 | 87.39% |
| 2017 | 30.3 | -48.69% |
| 2016 | 59.0 | -183.1% |
| 2015 | -71.0 | -439.02% |
| 2014 | 20.9 | -40.69% |
| 2013 | 35.3 | 359.7% |
| 2012 | 7.68 | -40.3% |
| 2011 | 12.9 | 45.77% |
| 2010 | 8.82 | -19.31% |
| 2009 | 10.9 | 17.19% |
| 2008 | 9.33 | -37.14% |
| 2007 | 14.8 | 15.37% |
| 2006 | 12.9 | -42.75% |
| 2005 | 22.5 | 30.34% |
| 2004 | 17.2 | 163.13% |
| 2003 | 6.55 | -83.09% |
| 2002 | 38.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 26.3 | -196.69% | 🇺🇸 USA |
 Orange ORAN | N/A | N/A | 🇫🇷 France |
 Pintec Technology PT | -0.0593 | -99.78% | 🇨🇳 China |
 Turkcell TKC | 14.9 | -154.72% | 🇹🇷 Turkey |
 SK Telecom SKM | 10.1 | -137.30% | 🇰🇷 S. Korea |
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.