P/E ratio for TPG Telecom (TPG.AX)
P/E ratio at the end of 2022: 15.6
According to TPG Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5752. At the end of 2022 the company had a P/E ratio of 15.6.
P/E ratio history for TPG Telecom from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.6 | -80.82% |
| 2021 | 81.3 | 838.52% |
| 2020 | 8.66 | -72.74% |
| 2019 | 31.8 | 201.24% |
| 2018 | 10.5 | 22.8% |
| 2017 | 8.58 | -59.79% |
| 2016 | 21.3 | -20.25% |
| 2015 | 26.8 | 68.38% |
| 2014 | 15.9 | 29.13% |
| 2013 | 12.3 | 33.41% |
| 2012 | 9.23 | 15.43% |
| 2011 | 7.99 | -47.33% |
| 2010 | 15.2 | 11.94% |
| 2009 | 13.6 | -526.31% |
| 2008 | -3.18 | -178.13% |
| 2007 | 4.07 | -84.34% |
| 2006 | 26.0 | -21.19% |
| 2005 | 33.0 | 17.57% |
| 2004 | 28.1 | -18.47% |
| 2003 | 34.4 | -40.7% |
| 2002 | 58.0 |
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.