P/E ratio for Tradegate Exchange (T2G.F)
P/E ratio at the end of 2021: 23.4
According to Tradegate Exchange 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.412. At the end of 2021 the company had a P/E ratio of 23.4.
P/E ratio history for Tradegate Exchange from 2009 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 23.4 | 83.2% |
| 2020 | 12.8 | -58.24% |
| 2019 | 30.6 | -3.26% |
| 2018 | 31.6 | 20.35% |
| 2017 | 26.3 | 87.99% |
| 2016 | 14.0 | -4.21% |
| 2015 | 14.6 | -15.46% |
| 2014 | 17.3 | -7.35% |
| 2013 | 18.6 | -116.75% |
| 2012 | -111 | -470.87% |
| 2011 | 30.0 | -36.54% |
| 2010 | 47.3 | -38.78% |
| 2009 | 77.2 |
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.