P/E ratio for Iberdrola (IBE.MC)
P/E ratio as of April 2024 (TTM): -1.13
According to Iberdrola's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.1266. At the end of 2022 the company had a P/E ratio of -1.06.
P/E ratio history for Iberdrola from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.06 | -5854.64% |
| 2021 | 0.0184 | -99.92% |
| 2020 | 22.0 | 21.95% |
| 2019 | 18.0 | 82.11% |
| 2018 | 9.88 | -26.46% |
| 2017 | 13.4 | -103.46% |
| 2016 | -388 | -2120.13% |
| 2015 | 19.2 | 23.09% |
| 2014 | 15.6 | 32.96% |
| 2013 | 11.7 | 20.77% |
| 2012 | 9.73 | -7.95% |
| 2011 | 10.6 | -6.03% |
| 2010 | 11.2 | -6.55% |
| 2009 | 12.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Otter Tail OTTR | 12.6 | -1,221.41% | 🇺🇸 USA |
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.