P/E ratio for Telia Company (TELIA.ST)
P/E ratio as of April 2024 (TTM): -6.38
According to Telia Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.37928. At the end of 2022 the company had a P/E ratio of -7.34.
P/E ratio history for Telia Company from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.34 | -159.53% |
| 2021 | 12.3 | -303.42% |
| 2020 | -6.06 | -125.61% |
| 2019 | 23.7 | -57.88% |
| 2018 | 56.2 | 242.97% |
| 2017 | 16.4 | -61.6% |
| 2016 | 42.7 | 99.32% |
| 2015 | 21.4 | 42.35% |
| 2014 | 15.0 | -2.79% |
| 2013 | 15.5 | 58.46% |
| 2012 | 9.77 | -10.71% |
| 2011 | 10.9 | -2.93% |
| 2010 | 11.3 | -8.72% |
| 2009 | 12.3 |
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.