Türkiye Kalkınma
KLNMA.IS
#4005
Rank
€2.29 B
Marketcap
0,42 €
Share price
1.80%
Change (1 day)
-68.87%
Change (1 year)

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

P/E ratio as of December 2024 (TTM): 12.0

According to Türkiye Kalkınma's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9737. 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
202226.3-24.07%
202134.7-43.5%
202061.4-12.56%
201970.2-2.95%
201872.3158.57%
201728.038.74%
201620.2-33.52%
201530.3-69.44%
201499.2-21.19%
201312614.75%
2012110

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.