According to Tรผrkiye Is Bankasi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.964547. At the end of 2021 the company had a P/E ratio of 2.40.
Year | P/E ratio | Change |
---|---|---|
2021 | 2.40 | -37.48% |
2020 | 3.84 | 37.06% |
2019 | 2.80 | |
2013 | 5.28 | 34.91% |
2012 | 3.92 |
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.