P/E ratio for Tower Bersama Infrastructure (TBIG.JK)
P/E ratio as of May 2024 (TTM): 27.1
According to Tower Bersama Infrastructure 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.095. At the end of 2022 the company had a P/E ratio of 31.3.
P/E ratio history for Tower Bersama Infrastructure from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.3 | -21.17% |
| 2021 | 39.7 | 17.97% |
| 2020 | 33.7 | 7.49% |
| 2019 | 31.3 | 36.02% |
| 2018 | 23.0 | 86.7% |
| 2017 | 12.3 | -60.87% |
| 2016 | 31.5 | 63.53% |
| 2015 | 19.3 | -70.58% |
| 2014 | 65.5 | 194% |
| 2013 | 22.3 | -26.05% |
| 2012 | 30.1 | 32.13% |
| 2011 | 22.8 |
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.