TINC NV
TINC.BR
#7262
Rank
โ‚ฌ0.38 B
Marketcap
10,38ย โ‚ฌ
Share price
0.19%
Change (1 day)
-9.33%
Change (1 year)

P/E ratio for TINC NV (TINC.BR)

P/E ratio at the end of 2023: 11.1

According to TINC NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.86116. At the end of 2023 the company had a P/E ratio of 11.1.

P/E ratio history for TINC NV from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.1-41.49%
202219.048.86%
202112.8-41.02%
202021.639.17%
201915.523.91%
201812.5-2.51%
201712.920.6%
201610.7

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.