TKH Group
TWEKA.AS
#5012
Rank
$1.34 B
Marketcap
$33.49
Share price
-0.56%
Change (1 day)
-16.92%
Change (1 year)

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

P/E ratio at the end of 2021: 22.4

According to TKH Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7819. At the end of 2021 the company had a P/E ratio of 22.4.

P/E ratio history for TKH Group from 2002 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202122.4-25.75%
202030.272.45%
201917.520.12%
201814.6-36.74%
201723.122.87%
201618.87.51%
201517.563.45%
201410.7-47.13%
201320.2-2.91%
201220.8113.68%
20119.74-30.64%
201014.0-90.31%
20091453276.26%
20084.29-47.65%
20078.20-33.16%
200612.349.31%
20058.21-15.47%
20049.72-36.62%
200315.3-232.99%
2002-11.5

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.