Tallink Grupp
T5N.F
#6820
Rank
โ‚น38.63 B
Marketcap
๐Ÿ‡ช๐Ÿ‡ช
Country
โ‚น51.96
Share price
0.00%
Change (1 day)
-13.41%
Change (1 year)

P/E ratio for Tallink Grupp (T5N.F)

P/E ratio as of November 2024 (TTM): 4.57

According to Tallink Grupp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.57494. At the end of 2022 the company had a P/E ratio of 26.8.

P/E ratio history for Tallink Grupp from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.8-477.47%
2021-7.11-15.57%
2020-8.42-164.92%
201913.0-20.23%
201816.3-5.79%
201717.326.86%
201613.642.54%
20159.55-51.08%
201419.549.78%
201313.08.33%
201212.0
201017.3-143.38%
2009-39.8

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.