Imdex Limited
IMD.AX
#5805
Rank
C$1.19 B
Marketcap
$2.33
Share price
1.98%
Change (1 day)
50.90%
Change (1 year)

P/E ratio for Imdex Limited (IMD.AX)

P/E ratio at the end of 2023: 34.9

According to Imdex Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.7316. At the end of 2023 the company had a P/E ratio of 34.9.

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

PE ratio at the end of each year

Year P/E ratio Change
202334.944.33%
202224.2-26.94%
202133.122.63%
202027.010.31%
201924.4-16.04%
201829.1-65.06%
201783.3-6949.51%
2016-1.22-64.57%
2015-3.43-86.53%
2014-25.5-444.37%
20137.40-3.79%
20127.69-44.58%
201113.9-279.2%
2010-7.74-165.2%
200911.917.52%
200810.1-50.13%
200720.357.56%
200612.920.02%
200510.7-297.62%
2004-5.42-128.98%
200318.7-122.84%
2002-81.9-467.44%
200122.3

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.