TIM S.A.
TIMB
#1744
Rank
$8.95 B
Marketcap
$18.49
Share price
-2.74%
Change (1 day)
56.96%
Change (1 year)

P/E ratio for TIM S.A. (TIMB)

P/E ratio as of March 2024 (TTM): 23.3

According to TIM S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3128. At the end of 2022 the company had a P/E ratio of 17.9.

P/E ratio history for TIM S.A. from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.975.11%
202110.2-34.36%
202015.617.39%
201913.316.82%
201811.4-53.85%
201724.7-2.04%
201625.2271.84%
20156.77-59.15%
201416.6-11.05%
201318.641.78%
201213.15.3%
201112.514.4%
201010.9
200824.7-81.13%
2007131-1501.16%
2006-9.34-24.28%
2005-12.3-143.77%
200428.279.66%
200315.7-57.51%
200236.9-60.35%
200193.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.71-58.33%๐Ÿ‡บ๐Ÿ‡ธ USA
< -1000-8,104.19%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-53.51%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea

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.