Türkiye Kalkınma
KLNMA.IS
#3484
Rank
$2.94 B
Marketcap
$0.53
Share price
-0.06%
Change (1 day)
11.40%
Change (1 year)

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

P/E ratio as of June 2024 (TTM): 14.6

According to Türkiye Kalkınma's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6312. At the end of 2022 the company had a P/E ratio of 26.3.

P/E ratio history for Türkiye Kalkınma from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.3-38.4%
202142.7-43.5%
202075.6-12.56%
201986.5-2.95%
201889.1158.57%
201734.538.74%
201624.8-33.52%
201537.4-69.44%
2014122-21.19%
201315514.75%
2012135

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.