P/E ratio for QNB Finans Finansal Kiralama (QNB Finansleasing) (QNBFL.IS)
P/E ratio as of April 2024 (TTM): 16.6
According to QNB Finans Finansal Kiralama (QNB Finansleasing)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5766. At the end of 2023 the company had a P/E ratio of 125.
P/E ratio history for QNB Finans Finansal Kiralama (QNB Finansleasing) from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 125 | 250.69% |
| 2022 | 35.7 | 560.7% |
| 2021 | 5.40 | -53.22% |
| 2020 | 11.5 | -38% |
| 2019 | 18.6 | 1423.02% |
| 2018 | 1.22 | 122.58% |
| 2017 | 0.5490 | -41.9% |
| 2016 | 0.9448 | 4.56% |
| 2015 | 0.9036 | -20.72% |
| 2014 | 1.14 | -25.15% |
| 2013 | 1.52 | -10.93% |
| 2012 | 1.71 | 17.44% |
| 2011 | 1.46 | 12.91% |
| 2010 | 1.29 | 98.18% |
| 2009 | 0.6506 | -97.77% |
| 2008 | 29.2 | 3680.69% |
| 2007 | 0.7715 | 5.37% |
| 2006 | 0.7322 | |
| 2004 | 0.0003 | 37.42% |
| 2003 | 0.0002 |
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.