TKH Group
TWEKA.AS
#4927
Rank
$1.74 B
Marketcap
$43.74
Share price
-0.64%
Change (1 day)
39.98%
Change (1 year)

P/E ratio for TKH Group (TWEKA.AS)

P/E ratio at the end of 2023: 9.52

According to TKH Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.71115. At the end of 2023 the company had a P/E ratio of 9.52.

P/E ratio history for TKH Group from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.52-12.11%
202210.8-48.85%
202121.2-24.06%
202027.980.65%
201915.423.98%
201812.5-35.44%
201719.325.87%
201615.311.06%
201513.868.5%
20148.19-45.57%
201315.00.11%
201215.0123.22%
20116.73-28.9%
20109.47-89.99%
200994.63518.73%
20082.61-45.4%
20074.79-31.45%
20066.9854.4%
20054.52-12.49%
20045.17-33.74%
20037.80-231.47%
2002-5.93

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.