Turkish Airlines
THYAO.IS
#1303
Rank
$13.08 B
Marketcap
$9.52
Share price
0.73%
Change (1 day)
22.96%
Change (1 year)

P/E ratio for Turkish Airlines (THYAO.IS)

P/E ratio as of June 2024 (TTM): 251

According to Turkish Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 250.707. At the end of 2022 the company had a P/E ratio of 185.

P/E ratio history for Turkish Airlines from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022185314.34%
202144.8-8478.58%
2020-0.5341-102.01%
201926.6-11.4%
201830.1-74.87%
2017120-175.65%
2016-158-1761.73%
20159.52-42.91%
201416.7-41.16%
201328.3146.26%
201211.5-92.24%
20111481008.21%
201013.4-16.14%
200916.0

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.