P/E ratio for Iluka Resources (ILU.AX)
P/E ratio at the end of 2023: 7.90
According to Iluka Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.22523. At the end of 2023 the company had a P/E ratio of 7.90.
P/E ratio history for Iluka Resources from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 7.90 | 18.92% |
| 2022 | 6.65 | -34.75% |
| 2021 | 10.2 | 1025.78% |
| 2020 | 0.9047 | -114.01% |
| 2019 | -6.46 | -242.96% |
| 2018 | 4.52 | -144.68% |
| 2017 | -10.1 | 68.85% |
| 2016 | -5.99 | -128.35% |
| 2015 | 21.1 | -237.65% |
| 2014 | -15.3 | -121.96% |
| 2013 | 69.9 | 2033.04% |
| 2012 | 3.28 | -11.38% |
| 2011 | 3.70 | -88.99% |
| 2010 | 33.6 | -796.15% |
| 2009 | -4.83 | -151.64% |
| 2008 | 9.34 | 20.53% |
| 2007 | 7.75 | -73.72% |
| 2006 | 29.5 | -419.25% |
| 2005 | -9.24 | -236.39% |
| 2004 | 6.78 | 29.57% |
| 2003 | 5.23 | -1.98% |
| 2002 | 5.34 | -43.48% |
| 2001 | 9.44 |
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.