According to TIS 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1418. At the end of 2022 the company had a P/E ratio of 20.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 20.3 | -7.79% |
2021 | 22.0 | 12.41% |
2020 | 19.6 | 6.71% |
2019 | 18.3 | 20.72% |
2018 | 15.2 | -16.53% |
2017 | 18.2 | 41.42% |
2016 | 12.9 | -33.77% |
2015 | 19.4 | 16.64% |
2014 | 16.7 | -26.65% |
2013 | 22.7 | 112.27% |
2012 | 10.7 | -72.55% |
2011 | 39.0 | 129.26% |
2010 | 17.0 | 39.61% |
2009 | 12.2 |
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.