P/E ratio for IHH Healthcare (Q0F.SI)
P/E ratio as of June 2023 (TTM): 26.1
According to IHH Healthcare 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.0643. At the end of 2021 the company had a P/E ratio of 33.7.
P/E ratio history for IHH Healthcare from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 33.7 | -86.53% |
| 2020 | 250 | 130.98% |
| 2019 | 108 | 27.34% |
| 2018 | 85.0 | 63.19% |
| 2017 | 52.1 | -46.01% |
| 2016 | 96.4 | 61.21% |
| 2015 | 59.8 | 15.22% |
| 2014 | 51.9 | 9.93% |
| 2013 | 47.2 | 73.46% |
| 2012 | 27.2 |
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.