P/E ratio for QinetiQ (QQ.L)
P/E ratio at the end of 2023: 12.6
According to QinetiQ's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1532.61. At the end of 2023 the company had a P/E ratio of 12.6.
P/E ratio history for QinetiQ from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 12.6 | -33.36% |
| 2022 | 18.8 | 34.13% |
| 2021 | 14.0 | -18.92% |
| 2020 | 17.3 | 16.06% |
| 2019 | 14.9 | 91.69% |
| 2018 | 7.79 | -42.44% |
| 2017 | 13.5 | 18.2% |
| 2016 | 11.4 | 13.87% |
| 2015 | 10.1 | -110.67% |
| 2014 | -94.2 | 979.19% |
| 2013 | -8.73 | -357.33% |
| 2012 | 3.39 | -97.23% |
| 2011 | 123 | -1127.44% |
| 2010 | -11.9 | -247.41% |
| 2009 | 8.10 | -54.5% |
| 2008 | 17.8 | 52.73% |
| 2007 | 11.7 | -16.34% |
| 2006 | 13.9 |
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.