P/E ratio for TomTom (TOM2.AS)
P/E ratio as of June 2023 (TTM): -9.91
According to TomTom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.91045. At the end of 2021 the company had a P/E ratio of -12.1.
P/E ratio history for TomTom from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -12.1 | 180.32% |
| 2020 | -4.31 | -269.66% |
| 2019 | 2.54 | -94% |
| 2018 | 42.3 | -546.3% |
| 2017 | -9.49 | -105.55% |
| 2016 | 171 | 16.63% |
| 2015 | 147 | 168.92% |
| 2014 | 54.5 | -5.11% |
| 2013 | 57.4 | 751.08% |
| 2012 | 6.75 | -535.59% |
| 2011 | -1.55 | -109.82% |
| 2010 | 15.8 | 20.72% |
| 2009 | 13.1 | -1916.34% |
| 2008 | -0.7194 | -103.88% |
| 2007 | 18.5 | 13.83% |
| 2006 | 16.3 | -23.1% |
| 2005 | 21.2 |
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.