P/E ratio for Intact Financial (IFC.TO)
P/E ratio as of April 2024 (TTM): 28.5
According to Intact Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.5065. At the end of 2022 the company had a P/E ratio of 14.0.
P/E ratio history for Intact Financial from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.0 | 7.26% |
| 2021 | 13.0 | -37.86% |
| 2020 | 20.9 | -24.27% |
| 2019 | 27.6 | 33.49% |
| 2018 | 20.7 | 13.61% |
| 2017 | 18.2 | -24.89% |
| 2016 | 24.3 | 42.3% |
| 2015 | 17.1 | 17.56% |
| 2014 | 14.5 | -35.38% |
| 2013 | 22.4 | 45.92% |
| 2012 | 15.4 | 4.09% |
| 2011 | 14.8 | 25.54% |
| 2010 | 11.8 | -66.41% |
| 2009 | 35.0 | 16.42% |
| 2008 | 30.1 | 205.45% |
| 2007 | 9.86 | -7.5% |
| 2006 | 10.7 | 21.62% |
| 2005 | 8.76 |
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.