Iress Limited
IRE.AX
#5180
Rank
HK$9.50 B
Marketcap
HK$50.90
Share price
0.10%
Change (1 day)
83.62%
Change (1 year)

P/E ratio for Iress Limited (IRE.AX)

P/E ratio at the end of 2023: -10.3

According to Iress Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.6437. At the end of 2023 the company had a P/E ratio of -10.3.

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

PE ratio at the end of each year

Year P/E ratio Change
2023-10.3-131.91%
202232.46.5%
202130.45.66%
202028.8-13%
201933.122.93%
201826.9-2.69%
201727.7-5.85%
201629.413.57%
201525.9-1.54%
201426.3-35.16%
201340.6131.35%
201217.528.12%
201113.7-3.03%
201014.1-22.42%
200918.211.69%
200816.3-41.02%
200727.63.27%
200626.719.54%
200522.44.1%
200421.550.63%
200314.3-40.78%
200224.15.3%
200122.9

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.