P/E ratio for Telia Lietuva (ZWS.F)
P/E ratio as of May 2024 (TTM): 14.7
According to Telia Lietuva's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6937. At the end of 2022 the company had a P/E ratio of 20.1.
P/E ratio history for Telia Lietuva from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.1 | -2.46% |
| 2021 | 20.6 | 10.86% |
| 2020 | 18.6 | 39.83% |
| 2019 | 13.3 | 16.43% |
| 2018 | 11.4 | 3.83% |
| 2017 | 11.0 | -12.54% |
| 2016 | 12.6 | -25.04% |
| 2015 | 16.8 | -11.15% |
| 2014 | 18.9 | 40.67% |
| 2013 | 13.4 | 6.64% |
| 2012 | 12.6 | 23.64% |
| 2011 | 10.2 |
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.