P/E ratio for Interfor (IFP.TO)
P/E ratio as of April 2024 (TTM): -8.48
According to Interfor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.48164. At the end of 2022 the company had a P/E ratio of 1.98.
P/E ratio history for Interfor from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.98 | -37.56% |
| 2021 | 3.17 | -44.26% |
| 2020 | 5.69 | -160.08% |
| 2019 | -9.46 | -205.02% |
| 2018 | 9.01 | -40.68% |
| 2017 | 15.2 | -4.97% |
| 2016 | 16.0 | -149.24% |
| 2015 | -32.5 | -191.71% |
| 2014 | 35.4 | 91.68% |
| 2013 | 18.5 | -138.85% |
| 2012 | -47.5 | 187.49% |
| 2011 | -16.5 | -70.47% |
| 2010 | -56.0 | 508.96% |
| 2009 | -9.20 | 516.68% |
| 2008 | -1.49 | -93.09% |
| 2007 | -21.6 | -691.04% |
| 2006 | 3.65 | -79.72% |
| 2005 | 18.0 | 33.04% |
| 2004 | 13.5 | -235.29% |
| 2003 | -10.0 | -281.2% |
| 2002 | 5.52 | -202.35% |
| 2001 | -5.39 |
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.