TPG Telecom
TPG.AX
#2958
Rank
ยฃ4.14 B
Marketcap
ยฃ2.11
Share price
-1.46%
Change (1 day)
-24.10%
Change (1 year)

P/E ratio for TPG Telecom (TPG.AX)

P/E ratio at the end of 2022: 17.3

According to TPG Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1378. At the end of 2022 the company had a P/E ratio of 17.3.

P/E ratio history for TPG Telecom from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202217.3-80.82%
202190.4838.52%
20209.63-73.5%
201936.4201.24%
201812.122.8%
20179.83-59.79%
201624.4-20.25%
201530.668.38%
201418.229.13%
201314.133.41%
201210.615.43%
20119.15-47.33%
201017.411.94%
200915.5-526.31%
2008-3.64-178.13%
20074.66-84.34%
200629.8-21.19%
200537.817.57%
200432.1-18.47%
200339.4-40.7%
200266.4

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.