Ibstock plc
IBST.L
#6598
Rank
HK$5.48 B
Marketcap
HK$13.91
Share price
-0.59%
Change (1 day)
-26.49%
Change (1 year)

P/E ratio for Ibstock plc (IBST.L)

P/E ratio at the end of 2024: 48.1

According to Ibstock plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3740.44. At the end of 2024 the company had a P/E ratio of 48.1.

P/E ratio history for Ibstock plc from 2016 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202448.166.32%
202328.9271.95%
20227.78-68.89%
202125.0-184.51%
2020-29.6-252.06%
201919.573.51%
201811.2-21.49%
201714.360.96%
20168.87

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.