P/E ratio for Türk Telekom (TTKOM.IS)
P/E ratio as of April 2024 (TTM): 29.8
According to Türk Telekom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.7732. At the end of 2022 the company had a P/E ratio of 20.8.
P/E ratio history for Türk Telekom from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.8 | 255.32% |
| 2021 | 5.85 | -38.52% |
| 2020 | 9.52 | -11.33% |
| 2019 | 10.7 | -209.35% |
| 2018 | -9.81 | -149.45% |
| 2017 | 19.8 | -177.77% |
| 2016 | -25.5 | -221.19% |
| 2015 | 21.1 | 66.14% |
| 2014 | 12.7 | -20.83% |
| 2013 | 16.0 | 74.3% |
| 2012 | 9.18 | -22% |
| 2011 | 11.8 | 26.8% |
| 2010 | 9.29 |
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.