Iress Limited
IRE.AX
#5112
Rank
A$1.85 B
Marketcap
$9.94
Share price
-1.29%
Change (1 day)
61.53%
Change (1 year)

P/E ratio for Iress Limited (IRE.AX)

P/E ratio at the end of 2023: -10.4

According to Iress Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.7321. At the end of 2023 the company had a P/E ratio of -10.4.

P/E ratio history for Iress Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-10.4-131.91%
202232.76.5%
202130.75.66%
202029.1-13%
201933.422.93%
201827.2-2.69%
201727.9-5.85%
201629.713.57%
201526.1-1.54%
201426.5-35.16%
201340.9131.35%
201217.728.12%
201113.8-3.03%
201014.2-22.42%
200918.411.69%
200816.4-41.02%
200727.93.27%
200627.019.54%
200522.64.1%
200421.750.63%
200314.4-40.78%
200224.35.3%
200123.1

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.