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Turk Hava Yollari AO (IST:THYAO) Forward PE Ratio

: 6.39 (As of Today)
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Turk Hava Yollari AO's Forward PE Ratio for today is 6.39.

Turk Hava Yollari AO's PE Ratio without NRI for today is 3.79.

Turk Hava Yollari AO's PE Ratio for today is 3.72.

Turk Hava Yollari AO Forward PE Ratio Historical Data

The historical data trend for Turk Hava Yollari AO's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Turk Hava Yollari AO Annual Data
Trend 2015-12 2016-12 2017-06 2018-12 2019-12 2020-11 2021-12 2022-12 2023-03
Forward PE Ratio
7.25 17.73 11.92 5.61 2.90 6.11 2.65 6.75 6.70

Turk Hava Yollari AO Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-09 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03
Forward PE Ratio 7.25 7.75 3.58 3.18 17.73 9.35 11.92 8.26 6.84 5.96 5.61 3.58 3.76 2.47 2.90 3.78 6.61 48.08 45.66 3.32 2.65 2.86 3.97 3.78 6.75 6.70

Competitive Comparison

For the Airlines subindustry, Turk Hava Yollari AO's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Turk Hava Yollari AO Forward PE Ratio Distribution

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's Forward PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Forward PE Ratio's extreme value range as defined by GuruFocus.

Turk Hava Yollari AO Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Turk Hava Yollari AO  (IST:THYAO) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Turk Hava Yollari AO Forward PE Ratio Related Terms

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Turk Hava Yollari AO (IST:THYAO) Business Description

Turk Hava Yollari AO logo
Traded in Other Exchanges
Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.

Turk Hava Yollari AO (IST:THYAO) Headlines

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