According to IQE plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of -7.44.
Year | P/E ratio | Change |
---|---|---|
2023 | -7.44 | 32.43% |
2022 | -5.62 | -32.48% |
2021 | -8.32 | -94.96% |
2020 | -165 | 1460.51% |
2019 | -10.6 | -102.17% |
2018 | 487 | 690.27% |
2017 | 61.6 | 352% |
2016 | 13.6 | 165.03% |
2015 | 5.14 | -91.25% |
2014 | 58.7 | 195.6% |
2013 | 19.9 | -2.22% |
2012 | 20.3 | 117.78% |
2011 | 9.33 | -58.69% |
2010 | 22.6 | -20.44% |
2009 | 28.4 | -309.66% |
2008 | -13.5 | -75.79% |
2007 | -55.9 | 391.76% |
2006 | -11.4 | 130.2% |
2005 | -4.94 | 139.03% |
2004 | -2.07 | 19.57% |
2003 | -1.73 | 2195.67% |
2002 | -0.0753 | -99.84% |
2001 | -45.9 |
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.