P/E ratio for IHH Healthcare (Q0F.SI)
P/E ratio as of April 2024 (TTM): 24.4
According to IHH Healthcare 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4328. At the end of 2022 the company had a P/E ratio of 36.3.
P/E ratio history for IHH Healthcare from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.3 | 8.28% |
| 2021 | 33.5 | -85.17% |
| 2020 | 226 | 108.99% |
| 2019 | 108 | 31.44% |
| 2018 | 82.3 | 48.1% |
| 2017 | 55.6 | -29.14% |
| 2016 | 78.4 | 48.06% |
| 2015 | 53.0 | 5.89% |
| 2014 | 50.0 | 3.02% |
| 2013 | 48.5 | 58.18% |
| 2012 | 30.7 |
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.