P/E ratio for Telenet (TNET.BR)
P/E ratio as of April 2024 (TTM): 13.3
According to Telenet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3279. At the end of 2022 the company had a P/E ratio of 1.66.
P/E ratio history for Telenet from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.66 | -81.37% |
| 2021 | 8.91 | -21.3% |
| 2020 | 11.3 | -40.11% |
| 2019 | 18.9 | 2.86% |
| 2018 | 18.4 | -69.96% |
| 2017 | 61.1 | -58.25% |
| 2016 | 146 | 349.64% |
| 2015 | 32.6 | -34.07% |
| 2014 | 49.4 | 16.17% |
| 2013 | 42.5 | -65.54% |
| 2012 | 123 | -37.23% |
| 2011 | 197 | 444.22% |
| 2010 | 36.1 | 278.83% |
| 2009 | 9.54 |
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.