P/E ratio for Indra Sistemas (IDR.MC)
P/E ratio as of April 2024 (TTM): 15.8
According to Indra Sistemas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7658. At the end of 2022 the company had a P/E ratio of 10.9.
P/E ratio history for Indra Sistemas from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.9 | -7.13% |
| 2021 | 11.8 | -94.2% |
| 2020 | 203 | 1272.25% |
| 2019 | 14.8 | 22.05% |
| 2018 | 12.1 | -22.09% |
| 2017 | 15.6 | -36.25% |
| 2016 | 24.4 | -1201.45% |
| 2015 | -2.21 | -84.61% |
| 2014 | -14.4 | -183.58% |
| 2013 | 17.2 | 74.39% |
| 2012 | 9.87 | 36.29% |
| 2011 | 7.24 | -34.29% |
| 2010 | 11.0 | -18.68% |
| 2009 | 13.6 |
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.