P/E ratio for TomTom (TOM2.AS)
P/E ratio as of April 2024 (TTM): -47.7
According to TomTom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -47.6724. At the end of 2022 the company had a P/E ratio of -8.11.
P/E ratio history for TomTom from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.11 | -34.15% |
| 2021 | -12.3 | 187.35% |
| 2020 | -4.28 | -238.07% |
| 2019 | 3.10 | -95.04% |
| 2018 | 62.6 | -733.28% |
| 2017 | -9.89 | -104.92% |
| 2016 | 201 | 37.02% |
| 2015 | 147 | 165.08% |
| 2014 | 55.3 | -3.4% |
| 2013 | 57.2 | 773.79% |
| 2012 | 6.55 | -520.64% |
| 2011 | -1.56 | -109.87% |
| 2010 | 15.8 | 3.47% |
| 2009 | 15.2 |
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.