P/E ratio for ID Logistics Group (IDL.PA)
P/E ratio at the end of 2022: 37.1
According to ID Logistics Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.7151. At the end of 2022 the company had a P/E ratio of 37.1.
P/E ratio history for ID Logistics Group from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.1 | -32.24% |
| 2021 | 54.8 | 34.19% |
| 2020 | 40.8 | -32.49% |
| 2019 | 60.5 | 169.35% |
| 2018 | 22.5 | -42.38% |
| 2017 | 39.0 | -15.52% |
| 2016 | 46.1 | 51.12% |
| 2015 | 30.5 | 80.62% |
| 2014 | 16.9 | -11.2% |
| 2013 | 19.0 | -23.39% |
| 2012 | 24.8 |
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.