P/E ratio for Yapฤฑ Kredi (YKBNK.IS)
P/E ratio as of June 2024 (TTM): 9.41
According to Yapฤฑ Kredi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.40505. At the end of 2022 the company had a P/E ratio of 5.62.
P/E ratio history for Yapฤฑ Kredi from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.62 | 104.48% |
| 2021 | 2.75 | -46.64% |
| 2020 | 5.15 | -11.06% |
| 2019 | 5.79 | 146.41% |
| 2018 | 2.35 | -55.06% |
| 2017 | 5.23 | 10.22% |
| 2016 | 4.74 | |
| 2013 | 4.48 | -58.63% |
| 2012 | 10.8 | 111.87% |
| 2011 | 5.11 |
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.