P/E ratio for TAV Airports Holding (TAVHL.IS)
P/E ratio as of April 2024 (TTM): 12.4
According to TAV Airports Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3578. At the end of 2022 the company had a P/E ratio of 15.5.
P/E ratio history for TAV Airports Holding from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.5 | -3.76% |
| 2021 | 16.1 | -611.5% |
| 2020 | -3.15 | -172.86% |
| 2019 | 4.33 | -25.22% |
| 2018 | 5.78 | -50.67% |
| 2017 | 11.7 | 18.28% |
| 2016 | 9.91 | 2.63% |
| 2015 | 9.66 | -8.56% |
| 2014 | 10.6 | -28.45% |
| 2013 | 14.8 | 30.65% |
| 2012 | 11.3 | -46.86% |
| 2011 | 21.3 | -16.81% |
| 2010 | 25.6 | 62.02% |
| 2009 | 15.8 |
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.