P/E ratio for Telstra (TLS.AX)
P/E ratio at the end of 2022: 27.0
According to Telstra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 27.0.
P/E ratio history for Telstra from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.0 | 17.06% |
| 2021 | 23.1 | 12.8% |
| 2020 | 20.5 | -3.32% |
| 2019 | 21.2 | 142.29% |
| 2018 | 8.73 | -35.05% |
| 2017 | 13.4 | 16.23% |
| 2016 | 11.6 | -34.25% |
| 2015 | 17.6 | 16.17% |
| 2014 | 15.1 | -0.44% |
| 2013 | 15.2 | 13.37% |
| 2012 | 13.4 | 21.18% |
| 2011 | 11.1 | 6% |
| 2010 | 10.4 | 2.89% |
| 2009 | 10.2 | -28.24% |
| 2008 | 14.1 | -18.94% |
| 2007 | 17.5 | 21.55% |
| 2006 | 14.4 | 0.14% |
| 2005 | 14.3 | -7.09% |
| 2004 | 15.4 | -7.75% |
| 2003 | 16.7 | 0.17% |
| 2002 | 16.7 | -2.21% |
| 2001 | 17.1 |
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.