EQT Holdings Limited
EQT.AX
#6637
Rank
โ‚น48.03 B
Marketcap
โ‚น1,795
Share price
-0.66%
Change (1 day)
13.05%
Change (1 year)

P/E ratio for EQT Holdings Limited (EQT.AX)

P/E ratio at the end of 2023: 33.8

According to EQT Holdings Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.052. At the end of 2023 the company had a P/E ratio of 33.8.

P/E ratio history for EQT Holdings Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202333.861.74%
202220.9-1.9%
202121.3-11.81%
202024.1-4.44%
201925.237.54%
201818.4-2.32%
201718.8-7.52%
201620.31.47%
201520.028.26%
201415.644.8%
201310.852.02%
20127.09-15.55%
20118.40-29.33%
201011.92.37%
200911.68.05%
200810.7-51.47%
200722.1-2.16%
200622.639.7%
200516.211.31%
200414.6-255.58%
2003-9.36-181.14%
200211.5-66.44%
200134.4

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.