According to Tofaş Türk Otomobil Fabrikası's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.85811. At the end of 2022 the company had a P/E ratio of 9.68.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.68 | -16.25% |
2021 | 11.6 | 22.5% |
2020 | 9.43 | 3.7% |
2019 | 9.10 | 43.28% |
2018 | 6.35 | -50.77% |
2017 | 12.9 | 1.55% |
2016 | 12.7 | 11.26% |
2015 | 11.4 | -17.69% |
2014 | 13.9 | -9.95% |
2013 | 15.4 | 29.7% |
2012 | 11.9 | 84.2% |
2011 | 6.45 | -36.83% |
2010 | 10.2 | 57.83% |
2009 | 6.47 |
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.