Qube Holdings
QUB.AX
#2932
Rank
C$6.17 B
Marketcap
$3.49
Share price
-0.51%
Change (1 day)
22.27%
Change (1 year)

P/E ratio for Qube Holdings (QUB.AX)

P/E ratio at the end of 2022: 38.2

According to Qube Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.5401. At the end of 2022 the company had a P/E ratio of 38.2.

P/E ratio history for Qube Holdings from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202238.2-29.64%
202154.210.17%
202049.2118.84%
201922.535.93%
201816.6-59.65%
201741.081.23%
201622.6-4.6%
201523.743.18%
201416.621.23%
201313.7-104.41%
2012-310-3903.29%
20118.1531.1%
20106.22-186.84%
2009-7.16-301.86%
20083.55

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.