P/E ratio for TIM S.A. (TIMB)
P/E ratio as of February 2023 (TTM): 14.0
According to TIM S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9602. At the end of 2021 the company had a P/E ratio of 10.3.
P/E ratio history for TIM S.A. from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.3 | -47.2% |
| 2020 | 19.5 | |
| 2012 | 13.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Spok Holdings
SPOK | -8.49 | -160.81% | 🇺🇸 USA |
 Shentel SHEN | -223 | -1,697.40% | 🇺🇸 USA |
 SK Telecom SKM | 7.03 | -49.66% | 🇰🇷 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.