According to Tallink Grupp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.90993. At the end of 2022 the company had a P/E ratio of 26.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 26.8 | -477.47% |
2021 | -7.11 | -15.57% |
2020 | -8.42 | -164.92% |
2019 | 13.0 | -20.23% |
2018 | 16.3 | -5.79% |
2017 | 17.3 | 26.86% |
2016 | 13.6 | 42.54% |
2015 | 9.55 | -51.08% |
2014 | 19.5 | 49.78% |
2013 | 13.0 | 8.33% |
2012 | 12.0 | |
2010 | 17.3 | -143.38% |
2009 | -39.8 |
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.