P/E ratio for Türkiye Petrol Rafinerileri (TUPRS.IS)
P/E ratio as of April 2024 (TTM): 4.77
According to Türkiye Petrol Rafinerileri's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.7735. At the end of 2022 the company had a P/E ratio of 1.38.
P/E ratio history for Türkiye Petrol Rafinerileri from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.38 | -88.65% |
| 2021 | 12.1 | -211.22% |
| 2020 | -10.9 | -118.1% |
| 2019 | 60.3 | 667.41% |
| 2018 | 7.86 | -1.59% |
| 2017 | 7.98 | -19.1% |
| 2016 | 9.87 | 44.33% |
| 2015 | 6.84 | -27.92% |
| 2014 | 9.49 | 5.69% |
| 2013 | 8.97 | 1.95% |
| 2012 | 8.80 |
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.