P/E ratio for Transaction Capital (TCP.JO)
P/E ratio at the end of 2021: 9.79
According to Transaction Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.674233. At the end of 2021 the company had a P/E ratio of 9.79.
P/E ratio history for Transaction Capital from 2012 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.79 | -87.13% |
| 2020 | 76.0 | 410.09% |
| 2019 | 14.9 | 26.1% |
| 2018 | 11.8 | -0.25% |
| 2017 | 11.8 | 0.72% |
| 2016 | 11.8 | 19.78% |
| 2015 | 9.82 | 288.35% |
| 2014 | 2.53 | -37.03% |
| 2013 | 4.02 | -12.18% |
| 2012 | 4.57 |
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.