P/E ratio for TISCO Financial Group (TISCO.BK)
P/E ratio as of May 2024 (TTM): 10.3
According to TISCO Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3345. At the end of 2022 the company had a P/E ratio of 11.0.
P/E ratio history for TISCO Financial Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.0 | -2.81% |
| 2021 | 11.3 | -3.05% |
| 2020 | 11.7 | 7.07% |
| 2019 | 10.9 | 20.07% |
| 2018 | 9.09 | -21.91% |
| 2017 | 11.6 | 20.8% |
| 2016 | 9.64 | 20.44% |
| 2015 | 8.00 | 0% |
| 2014 | 8.00 | 18.99% |
| 2013 | 6.73 | -30.88% |
| 2012 | 9.73 | 14.98% |
| 2011 | 8.46 | -17.55% |
| 2010 | 10.3 | 11.13% |
| 2009 | 9.24 |
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.