According to Inpex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.59023. At the end of 2022 the company had a P/E ratio of 4.35.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.35 | -33.15% |
2021 | 6.51 | -189.6% |
2020 | -7.27 | |
2018 | 28.9 | -27.41% |
2017 | 39.8 | -106.4% |
2016 | -623 | -1664.67% |
2015 | 39.8 | 261.43% |
2014 | 11.0 | -14.54% |
2013 | 12.9 | 66.24% |
2012 | 7.75 | -31.98% |
2011 | 11.4 | 18.79% |
2010 | 9.60 | -50.69% |
2009 | 19.5 |
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.