Ingenia Communities Group
INA.AX
#5070
Rank
โ‚น109.64 B
Marketcap
โ‚น269.01
Share price
0.62%
Change (1 day)
23.38%
Change (1 year)

P/E ratio for Ingenia Communities Group (INA.AX)

P/E ratio at the end of 2023: 25.3

According to Ingenia Communities Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.6403. At the end of 2023 the company had a P/E ratio of 25.3.

P/E ratio history for Ingenia Communities Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202325.372.4%
202214.7-39.76%
202124.3-31.51%
202035.551.96%
201923.440.33%
201816.78.82%
201715.3-3.24%
201615.834.02%
201511.8-40.61%
201419.9-288.45%
2013-10.6-739%
20121.65

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.