Tenaga Nasional
TNABY
#1281
Rank
$13.77 B
Marketcap
$9.12
Share price
0.00%
Change (1 day)
14.03%
Change (1 year)

P/E ratio for Tenaga Nasional (TNABY)

P/E ratio as of March 2024 (TTM): 19.5

According to Tenaga Nasional 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4875. At the end of 2022 the company had a P/E ratio of 14.8.

P/E ratio history for Tenaga Nasional from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.84.3%
202114.2-13.4%
202016.41.02%
201916.3-15.69%
201819.357.12%
201712.320.01%
201610.2-13.71%
201511.914.64%
201410.3-3.3%
201310.763.02%
20126.56

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.