YIT
YIT.HE
#5252
Rank
$0.63 B
Marketcap
$3.01
Share price
1.61%
Change (1 day)
-39.44%
Change (1 year)

P/E ratio for YIT (YIT.HE)

P/E ratio as of February 2023 (TTM): -1.44

According to YIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.43506. At the end of 2020 the company had a P/E ratio of 37.9.

P/E ratio history for YIT from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202037.9-55.44%
201985.1210.2%
201827.493.9%
201714.2-111.19%
2016-127-1018.24%
201513.841.96%
20149.70-46.51%
201318.1119.35%
20128.27-14.38%
20119.66-24.9%
201012.9-38.92%
200921.1525.05%
20083.37-48.56%
20076.55-44.95%
200611.97.44%
200511.16.98%
200410.4-18.3%
200312.745.56%
20028.71

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.