P/E ratio for Tate & Lyle (TATE.L)
P/E ratio at the end of 2022: 14.2
According to Tate & Lyle'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 14.2.
P/E ratio history for Tate & Lyle from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.2 | 4.37% |
| 2021 | 13.6 | 8.98% |
| 2020 | 12.5 | -32.79% |
| 2019 | 18.5 | 109.03% |
| 2018 | 8.86 | -40.09% |
| 2017 | 14.8 | -1.37% |
| 2016 | 15.0 | -81.37% |
| 2015 | 80.5 | 814.42% |
| 2014 | 8.80 | -30.04% |
| 2013 | 12.6 | 42.76% |
| 2012 | 8.81 | -31.84% |
| 2011 | 12.9 | -89.11% |
| 2010 | 119 | 627.99% |
| 2009 | 16.3 | 86.33% |
| 2008 | 8.75 | 1.69% |
| 2007 | 8.60 | -112.41% |
| 2006 | -69.4 | -687.28% |
| 2005 | 11.8 | 82.47% |
| 2004 | 6.47 | -42.04% |
| 2003 | 11.2 | -24.89% |
| 2002 | 14.9 | -402.13% |
| 2001 | -4.92 |
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.