P/E ratio for Talanx (TLX.DE)
P/E ratio as of September 2023 (TTM): 10.3
According to Talanx 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3324. At the end of 2021 the company had a P/E ratio of 10.6.
P/E ratio history for Talanx from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.6 | -10.93% |
| 2020 | 11.9 | -1.36% |
| 2019 | 12.1 | 13.07% |
| 2018 | 10.7 | -16.42% |
| 2017 | 12.8 | 44.73% |
| 2016 | 8.85 | -10.09% |
| 2015 | 9.84 | 18.41% |
| 2014 | 8.31 | 1.84% |
| 2013 | 8.16 | 7.21% |
| 2012 | 7.61 |
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.