P/E ratio for Turkish Airlines (THYAO.IS)
P/E ratio as of June 2025 (TTM): 123
According to Turkish Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 122.549. At the end of 2024 the company had a P/E ratio of 114.
P/E ratio history for Turkish Airlines from 2010 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 114 | 117.07% |
| 2023 | 52.4 | -31.57% |
| 2022 | 76.6 | 70.2% |
| 2021 | 45.0 | -312.56% |
| 2020 | -21.2 | -181.9% |
| 2019 | 25.9 | -11.01% |
| 2018 | 29.1 | -77.56% |
| 2017 | 130 | -121.99% |
| 2016 | -589 | -6024.21% |
| 2015 | 9.94 | -41.24% |
| 2014 | 16.9 | -38.6% |
| 2013 | 27.6 | 137.35% |
| 2012 | 11.6 | -94.22% |
| 2011 | 201 | 583.02% |
| 2010 | 29.4 | 124.51% |
| 2009 | 13.1 | 880.27% |
| 2008 | 1.34 | -79.61% |
| 2007 | 6.55 | -22.31% |
| 2006 | 8.43 | -60.82% |
| 2005 | 21.5 | 120223.84% |
| 2004 | 0.0179 | -75.13% |
| 2003 | 0.0719 | 1747.06% |
| 2002 | 0.0039 |
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.