P/E ratio for Ebix (EBIX)
P/E ratio as of April 2024 (TTM): 1.07
According to Ebix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.07407. At the end of 2022 the company had a P/E ratio of 9.55.
P/E ratio history for Ebix from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.55 | -29.94% |
| 2021 | 13.6 | 8.79% |
| 2020 | 12.5 | 18.9% |
| 2019 | 10.5 | -26.7% |
| 2018 | 14.4 | -42.31% |
| 2017 | 24.9 | 25.37% |
| 2016 | 19.9 | 38.83% |
| 2015 | 14.3 | 40.74% |
| 2014 | 10.2 | 9.28% |
| 2013 | 9.31 | 10.31% |
| 2012 | 8.44 | -27.82% |
| 2011 | 11.7 | -16.51% |
| 2010 | 14.0 | 5.84% |
| 2009 | 13.2 | 54.85% |
| 2008 | 8.55 | -52.59% |
| 2007 | 18.0 | 38.03% |
| 2006 | 13.1 | 3.06% |
| 2005 | 12.7 | -33.25% |
| 2004 | 19.0 | 13.06% |
| 2003 | 16.8 | 42.11% |
| 2002 | 11.8 | -80.85% |
| 2001 | 61.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Salesforce CRM | 170 | 15,733.98% | 🇺🇸 USA |
 Thomson Reuters
TRI | 30.8 | 2,764.90% | 🇨🇦 Canada |
 Benefitfocus BNFT | -14.2 | -1,422.59% | 🇺🇸 USA |
 Guidewire Software
GWRE | -81.3 | -7,671.75% | 🇺🇸 USA |
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.