P/E ratio for TPG Telecom (TPG.AX)
P/E ratio at the end of 2022: 16.8
According to TPG Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4968. At the end of 2022 the company had a P/E ratio of 16.8.
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 | 16.8 | -80.82% |
| 2021 | 87.8 | 838.52% |
| 2020 | 9.35 | -73.5% |
| 2019 | 35.3 | 201.24% |
| 2018 | 11.7 | 22.8% |
| 2017 | 9.54 | -59.79% |
| 2016 | 23.7 | -20.25% |
| 2015 | 29.8 | 68.38% |
| 2014 | 17.7 | 29.13% |
| 2013 | 13.7 | 33.41% |
| 2012 | 10.3 | 15.43% |
| 2011 | 8.88 | -47.33% |
| 2010 | 16.9 | 11.94% |
| 2009 | 15.1 | -526.31% |
| 2008 | -3.53 | -178.13% |
| 2007 | 4.52 | -84.34% |
| 2006 | 28.9 | -21.19% |
| 2005 | 36.7 | 17.57% |
| 2004 | 31.2 | -18.47% |
| 2003 | 38.2 | -40.7% |
| 2002 | 64.5 |
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.