Terveystalo
TTALO.HE
#5079
Rank
ยฃ1.03 B
Marketcap
ยฃ8.17
Share price
-1.61%
Change (1 day)
32.41%
Change (1 year)

P/E ratio for Terveystalo (TTALO.HE)

P/E ratio as of November 2024 (TTM): 40.3

According to Terveystalo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.2528. At the end of 2022 the company had a P/E ratio of 31.3.

P/E ratio history for Terveystalo from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.366.28%
202118.8-30.74%
202027.14.37%
201926.077.72%
201814.6-90.13%
2017148

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.