Industrivarden
INDU-A.ST
#1236
Rank
$14.11 B
Marketcap
$32.72
Share price
-0.13%
Change (1 day)
11.67%
Change (1 year)

P/E ratio for Industrivarden (INDU-A.ST)

P/E ratio as of April 2024 (TTM): 5.04

According to Industrivarden's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.04289. At the end of 2022 the company had a P/E ratio of -7.84.

P/E ratio history for Industrivarden from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-7.84-267.34%
20214.68-66.64%
202014.0314.96%
20193.38-135.33%
2018-9.58-261.94%
20175.9124.87%
20164.74-78.6%
201522.1109.22%
201410.6151.32%
20134.215.5%
20123.99-284.34%
2011-2.16-169.49%
20103.1188.83%
20091.65

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.