Türkiye Kalkınma
KLNMA.IS
#4008
Rank
$1.51 B
Marketcap
$0.76
Share price
1.87%
Change (1 day)
-67.80%
Change (1 year)

P/E ratio for Türkiye Kalkınma (KLNMA.IS)

P/E ratio as of August 2022 (TTM): 15.3

According to Türkiye Kalkınma's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.2914. At the end of 2021 the company had a P/E ratio of 41.9.

P/E ratio history for Türkiye Kalkınma from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202141.9-13.17%
202048.2-41.8%
201982.8-99.06%
2018> 1000333.04%
2017> 1000220.08%
2016636-39.6%
2015> 1000-46.81%
2014> 1000-21.29%
2013> 1000-3.71%
2012> 10006604.97%
201139.0-51.12%
201079.785.16%
200943.0258.64%
200812.0-38.67%
200719.6198.24%
20066.56

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.