P/E ratio for Iguatemi (IGTI3.SA)
P/E ratio as of April 2024 (TTM): 12.0
According to Iguatemi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9939. At the end of 2022 the company had a P/E ratio of 88.3.
P/E ratio history for Iguatemi from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 88.3 | 688.58% |
| 2021 | 11.2 | -65.91% |
| 2020 | 32.9 | 27.27% |
| 2019 | 25.8 | 37.18% |
| 2018 | 18.8 | -16.74% |
| 2017 | 22.6 | 13.78% |
| 2016 | 19.9 | -129.82% |
| 2015 | -66.6 | 638.3% |
| 2014 | -9.02 | -105.65% |
| 2013 | 160 | 505.83% |
| 2012 | 26.4 | 1463.89% |
| 2011 | 1.69 | -99.42% |
| 2010 | 291 |
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.