P/E ratio for Tabcorp (TAH.AX)
P/E ratio at the end of 2022: 0.3546
According to Tabcorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 0.3546.
P/E ratio history for Tabcorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.3546 | -99.16% |
| 2021 | 42.0 | -639.88% |
| 2020 | -7.79 | -130.95% |
| 2019 | 25.2 | -89.39% |
| 2018 | 237 | -232.77% |
| 2017 | -178 | -910.48% |
| 2016 | 22.0 | 106.91% |
| 2015 | 10.6 | -46.03% |
| 2014 | 19.7 | 12.05% |
| 2013 | 17.6 | 183.24% |
| 2012 | 6.21 | 55.76% |
| 2011 | 3.99 | -1.66% |
| 2010 | 4.06 | 11.36% |
| 2009 | 3.64 | -123.85% |
| 2008 | -15.3 | -257.1% |
| 2007 | 9.72 | 38.51% |
| 2006 | 7.02 | -36.79% |
| 2005 | 11.1 | 25.2% |
| 2004 | 8.87 | 16.1% |
| 2003 | 7.64 | -10.83% |
| 2002 | 8.57 | -6.55% |
| 2001 | 9.17 |
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.