TPG Telecom
TPG.AX
#2637
Rank
C$7.40 B
Marketcap
$3.98
Share price
0.45%
Change (1 day)
-14.41%
Change (1 year)

P/E ratio for TPG Telecom (TPG.AX)

P/E ratio at the end of 2022: 16.2

According to TPG Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7331. At the end of 2022 the company had a P/E ratio of 16.2.

P/E ratio history for TPG Telecom from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202216.2-80.82%
202184.6838.52%
20209.02-72.74%
201933.1201.24%
201811.022.8%
20178.94-59.79%
201622.2-20.25%
201527.968.38%
201416.629.13%
201312.833.41%
20129.6115.43%
20118.33-47.33%
201015.811.94%
200914.1-526.31%
2008-3.31-178.13%
20074.24-84.34%
200627.1-21.19%
200534.417.57%
200429.2-18.47%
200335.8-40.7%
200260.4

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.