Telus International
TIXT
#3909
Rank
$2.31 B
Marketcap
$8.46
Share price
1.56%
Change (1 day)
-57.89%
Change (1 year)

P/E ratio for Telus International (TIXT)

P/E ratio as of March 2024 (TTM): 22.9

According to Telus International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8649. At the end of 2022 the company had a P/E ratio of 28.7.

P/E ratio history for Telus International from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.7-73.97%
2021110

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.