P/E ratio for Iguatemi (IGTI3.SA)
P/E ratio as of February 2023 (TTM): -18.7
According to Iguatemi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.7457. At the end of 2021 the company had a P/E ratio of 13.4.
P/E ratio history for Iguatemi from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.4 | -55.75% |
| 2020 | 30.2 | 16.98% |
| 2019 | 25.8 | 37.18% |
| 2018 | 18.8 | -18.09% |
| 2017 | 23.0 | 1.83% |
| 2016 | 22.6 | -396.07% |
| 2015 | -7.62 | 99.55% |
| 2014 | -3.82 | -102.39% |
| 2013 | 160 | 627.94% |
| 2012 | 21.9 | 1201.56% |
| 2011 | 1.69 | -99.42% |
| 2010 | 289 | 2812.48% |
| 2009 | 9.93 |
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.