P/E ratio for Tarkett (TKTT.PA)
P/E ratio at the end of 2022: -28.0
According to Tarkett'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 -28.0.
P/E ratio history for Tarkett from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -28.0 | -132.85% |
| 2021 | 85.4 | -273.05% |
| 2020 | -49.3 | -317.13% |
| 2019 | 22.7 | 1.41% |
| 2018 | 22.4 | -139.08% |
| 2017 | -57.3 | -414.56% |
| 2016 | 18.2 | -16.88% |
| 2015 | 21.9 | 17.03% |
| 2014 | 18.7 | 4.81% |
| 2013 | 17.9 |
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.