IDP Education
IEL.AX
#4512
Rank
$1.71 B
Marketcap
$6.16
Share price
4.28%
Change (1 day)
-52.67%
Change (1 year)
Categories

P/E ratio for IDP Education (IEL.AX)

P/E ratio at the end of 2022: 60.4

According to IDP Education's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2453. At the end of 2022 the company had a P/E ratio of 60.4.

P/E ratio history for IDP Education from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202260.4-58.97%
2021147175.68%
202053.4-13.77%
201961.942.33%
201843.569.71%
201725.617.28%
201621.9

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.