P/E ratio for Indutrade (INDT.ST)
P/E ratio as of May 2024 (TTM): 32.3
According to Indutrade's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.3208. At the end of 2022 the company had a P/E ratio of 28.7.
P/E ratio history for Indutrade from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.7 | -40.4% |
| 2021 | 48.1 | 25.64% |
| 2020 | 38.3 | 40.13% |
| 2019 | 27.3 | 46.38% |
| 2018 | 18.7 | -28.6% |
| 2017 | 26.2 | 11.47% |
| 2016 | 23.5 | 9.08% |
| 2015 | 21.5 | 21.33% |
| 2014 | 17.7 | -3.08% |
| 2013 | 18.3 | 30.88% |
| 2012 | 14.0 | 3.74% |
| 2011 | 13.5 | -40.89% |
| 2010 | 22.8 | 44% |
| 2009 | 15.8 |
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.