According to Turkish Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 238.232. At the end of 2022 the company had a P/E ratio of 185.
Year | P/E ratio | Change |
---|---|---|
2022 | 185 | 314.34% |
2021 | 44.8 | -8478.58% |
2020 | -0.5341 | -102.01% |
2019 | 26.6 | -11.4% |
2018 | 30.1 | -74.87% |
2017 | 120 | -175.65% |
2016 | -158 | -1761.73% |
2015 | 9.52 | -42.91% |
2014 | 16.7 | -41.16% |
2013 | 28.3 | 146.26% |
2012 | 11.5 | -92.24% |
2011 | 148 | 1008.21% |
2010 | 13.4 | -16.14% |
2009 | 16.0 |
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.