Imdex Limited
IMD.AX
#5622
Rank
HK$7.18 B
Marketcap
HK$13.94
Share price
-0.70%
Change (1 day)
24.65%
Change (1 year)

P/E ratio for Imdex Limited (IMD.AX)

P/E ratio at the end of 2023: 22.0

According to Imdex Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.0964. At the end of 2023 the company had a P/E ratio of 22.0.

P/E ratio history for Imdex Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202322.044.33%
202215.2-26.94%
202120.922.63%
202017.010.31%
201915.4-16.04%
201818.4-65.06%
201752.6-6949.51%
2016-0.7674-64.57%
2015-2.17-86.53%
2014-16.1-444.37%
20134.67-3.79%
20124.85-44.58%
20118.76-279.2%
2010-4.89-165.2%
20097.4917.52%
20086.38-50.13%
200712.857.56%
20068.1220.02%
20056.76-297.62%
2004-3.42-128.98%
200311.8-122.84%
2002-51.7-467.44%
200114.1

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.