YIT
YIT.HE
#6334
Rank
S$0.82 B
Marketcap
$3.56
Share price
-0.24%
Change (1 day)
33.88%
Change (1 year)

P/E ratio for YIT (YIT.HE)

P/E ratio as of November 2024 (TTM): 57.3

According to YIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.2898. At the end of 2022 the company had a P/E ratio of -1.35.

P/E ratio history for YIT from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.35-100.37%
2021367942.72%
202035.2-52.71%
201974.5171.43%
201827.493.9%
201714.2-113.06%
2016-108-887.07%
201513.841.96%
20149.70390%
20131.98-78.84%
20129.36-3.12%
20119.66-24.9%
201012.9-36.62%
200920.3

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.