Tele Columbus
TC1.HM
#8716
Rank
NZ$0.18 B
Marketcap
$0.61
Share price
-5.56%
Change (1 day)
-49.43%
Change (1 year)

P/E ratio for Tele Columbus (TC1.HM)

P/E ratio as of November 2024 (TTM): -0.2191

According to Tele Columbus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.219087. At the end of 2023 the company had a P/E ratio of -1.08.

P/E ratio history for Tele Columbus from 2015 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-1.08-80.1%
2022-5.43-44.85%
2021-9.85378.36%
2020-2.06-78.96%
2019-9.79344.51%
2018-2.20-96.38%
2017-60.8-20.05%
2016-76.1788.06%
2015-8.57

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.