P/E ratio for Indivior PLC (INDV)
P/E ratio as of April 2024 (TTM): 22.3
According to Indivior PLC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.2532. At the end of 2022 the company had a P/E ratio of 29.4.
P/E ratio history for Indivior PLC from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.4 | 1689.07% |
| 2021 | 1.64 | -217.75% |
| 2020 | -1.40 | -341.48% |
| 2019 | 0.5778 | -18.68% |
| 2018 | 0.7105 | -94.83% |
| 2017 | 13.7 | -3.19% |
| 2016 | 14.2 | 735.29% |
| 2015 | 1.70 | 111.56% |
| 2014 | 0.8036 |
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.