P/E ratio for Insurance Australia Group (IAG.AX)
P/E ratio at the end of 2021: -26.1
According to Insurance Australia Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.3806. At the end of 2021 the company had a P/E ratio of -26.1.
P/E ratio history for Insurance Australia Group from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -26.1 | -185.75% |
| 2020 | 30.5 | 69.93% |
| 2019 | 17.9 | -10.55% |
| 2018 | 20.0 | 25.78% |
| 2017 | 15.9 | -17.49% |
| 2016 | 19.3 | 19.42% |
| 2015 | 16.2 | 112.48% |
| 2014 | 7.61 | -30.36% |
| 2013 | 10.9 | -53.8% |
| 2012 | 23.7 | 29.75% |
| 2011 | 18.2 | -71.66% |
| 2010 | 64.3 | 101.07% |
| 2009 | 32.0 | -281.68% |
| 2008 | -17.6 | -224.96% |
| 2007 | 14.1 | 34.17% |
| 2006 | 10.5 | -19.4% |
| 2005 | 13.0 | -1.89% |
| 2004 | 13.3 | -66.21% |
| 2003 | 39.3 | -122.35% |
| 2002 | -176 | -545.55% |
| 2001 | 39.5 |
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.