Insurance Australia Group
IAG.AX
#1511
Rank
$11.17 B
Marketcap
$4.71
Share price
-0.98%
Change (1 day)
19.93%
Change (1 year)

P/E ratio for Insurance Australia Group (IAG.AX)

P/E ratio at the end of 2022: 31.4

According to Insurance Australia Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 31.4.

P/E ratio history for Insurance Australia Group from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202231.4-211.61%
2021-28.2-193.75%
202030.066.27%
201918.1-15.09%
201821.321.09%
201717.6-15.11%
201620.716.26%
201517.873.12%
201410.3-28.16%
201314.3-58.81%
201234.824.25%
201128.0-63.98%
201077.7109.84%
200937.0-252.88%
2008-24.2-239.29%
200717.455.25%
200611.2-14.08%
200513.0-1.89%
200413.3-66.21%
200339.3-122.35%
2002-176-545.55%
200139.5

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.