Quantum Graphite
QGL.AX
#9331
Rank
โ‚ฌ79.02 M
Marketcap
0,23ย โ‚ฌ
Share price
0.00%
Change (1 day)
-25.85%
Change (1 year)

P/E ratio for Quantum Graphite (QGL.AX)

P/E ratio at the end of 2023: -34.3

According to Quantum Graphite's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -25.399. At the end of 2023 the company had a P/E ratio of -34.3.

P/E ratio history for Quantum Graphite from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-34.3-37.6%
2022-55.0982.22%
2021-5.08-17.11%
2020-6.1361.88%
2019-3.79-39.14%
2018-6.22-16.28%
2017-7.43305.45%
2016-1.83-43.13%
2015-3.22-59.81%
2014-8.02

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.