P/E ratio for Inditex (IDEXY)
P/E ratio as of April 2024 (TTM): 30.4
According to Inditex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.3544. At the end of 2022 the company had a P/E ratio of 20.9.
P/E ratio history for Inditex from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.9 | -28.22% |
| 2021 | 29.1 | -46.89% |
| 2020 | 54.7 | 108.56% |
| 2019 | 26.2 | 36.59% |
| 2018 | 19.2 | -34.35% |
| 2017 | 29.3 | -6.27% |
| 2016 | 31.2 | -8.55% |
| 2015 | 34.1 | 22.49% |
| 2014 | 27.9 | -13.35% |
| 2013 | 32.2 | 6.82% |
| 2012 | 30.1 | 56.25% |
| 2011 | 19.3 | -23.12% |
| 2010 | 25.1 |
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.