Ebix
EBIX
#7883
Rank
$35.84 M
Marketcap
$1.16
Share price
0.00%
Change (1 day)
-91.16%
Change (1 year)

P/E ratio for Ebix (EBIX)

P/E ratio as of May 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
20229.55-29.94%
202113.68.79%
202012.518.9%
201910.5-26.7%
201814.4-42.31%
201724.925.37%
201619.938.83%
201514.340.74%
201410.29.28%
20139.3110.31%
20128.44-27.82%
201111.7-16.51%
201014.05.84%
200913.254.85%
20088.55-52.59%
200718.038.03%
200613.13.06%
200512.7-33.25%
200419.013.06%
200316.842.11%
200211.8-80.85%
200161.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
173 16,009.29%๐Ÿ‡บ๐Ÿ‡ธ USA
34.7 3,134.36%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-14.2-1,422.59%๐Ÿ‡บ๐Ÿ‡ธ USA
-89.9-8,469.00%๐Ÿ‡บ๐Ÿ‡ธ 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.