P/E ratio for TAKKT AG (TTK.DE)
P/E ratio as of April 2024 (TTM): 15.4
According to TAKKT AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3996. At the end of 2022 the company had a P/E ratio of 15.0.
P/E ratio history for TAKKT AG from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.0 | -14.79% |
| 2021 | 17.7 | -5.6% |
| 2020 | 18.7 | 70.96% |
| 2019 | 10.9 | 8.74% |
| 2018 | 10.1 | -21.08% |
| 2017 | 12.7 | -17.63% |
| 2016 | 15.5 | 3.19% |
| 2015 | 15.0 | 10.18% |
| 2014 | 13.6 | -20.3% |
| 2013 | 17.1 | 63.31% |
| 2012 | 10.5 | 23.95% |
| 2011 | 8.44 | -59.38% |
| 2010 | 20.8 | 19.1% |
| 2009 | 17.4 |
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.