Tรผrkiye Is Bankasi
ISCTR.IS
#1735
Rank
$9.20 B
Marketcap
$0.35
Share price
3.60%
Change (1 day)
-50.70%
Change (1 year)

P/E ratio for Tรผrkiye Is Bankasi (ISCTR.IS)

P/E ratio as of March 2024 (TTM): 0.9645

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.

P/E ratio history for Tรผrkiye Is Bankasi from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20212.40-37.48%
20203.8437.06%
20192.80
20135.2834.91%
20123.92

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.