P/E ratio for TKH Group (TWEKA.AS)
P/E ratio at the end of 2021: 22.5
According to TKH Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8939. At the end of 2021 the company had a P/E ratio of 22.5.
P/E ratio history for TKH Group from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.5 | -25.75% |
| 2020 | 30.3 | 72.45% |
| 2019 | 17.6 | 20.12% |
| 2018 | 14.6 | -36.74% |
| 2017 | 23.1 | 22.87% |
| 2016 | 18.8 | 7.51% |
| 2015 | 17.5 | 63.45% |
| 2014 | 10.7 | -47.13% |
| 2013 | 20.3 | -2.91% |
| 2012 | 20.9 | 113.68% |
| 2011 | 9.77 | -30.64% |
| 2010 | 14.1 | -90.31% |
| 2009 | 145 | 3276.26% |
| 2008 | 4.31 | -47.65% |
| 2007 | 8.23 | -33.16% |
| 2006 | 12.3 | 49.31% |
| 2005 | 8.24 | -15.47% |
| 2004 | 9.75 | -36.62% |
| 2003 | 15.4 | -232.99% |
| 2002 | -11.6 |
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.