P/E ratio for Telecom Italia (TIT.MI)
P/E ratio as of May 2024 (TTM): -1.54
According to Telecom Italia 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.54307. At the end of 2022 the company had a P/E ratio of -1.57.
P/E ratio history for Telecom Italia from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.57 | 47.35% |
| 2021 | -1.07 | -194.6% |
| 2020 | 1.13 | -91.83% |
| 2019 | 13.8 | -217.52% |
| 2018 | -11.7 | -186.61% |
| 2017 | 13.5 | 37% |
| 2016 | 9.89 | -102.91% |
| 2015 | -340 | -3166.45% |
| 2014 | 11.1 | -149.32% |
| 2013 | -22.5 | 169.76% |
| 2012 | -8.33 | 149.64% |
| 2011 | -3.34 | -155.77% |
| 2010 | 5.98 | -26.69% |
| 2009 | 8.16 | -23.71% |
| 2008 | 10.7 | -32.38% |
| 2007 | 15.8 | -1.69% |
| 2006 | 16.1 | 2.92% |
| 2005 | 15.6 | |
| 2003 | 33.0 | -119.68% |
| 2002 | -168 | 356.78% |
| 2001 | -36.7 |
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.