According to Intuit's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 68.8682. At the end of 2022 the company had a P/E ratio of 58.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 58.6 | -30.19% |
2021 | 84.0 | 66.24% |
2020 | 50.5 | 17.25% |
2019 | 43.1 | 23.87% |
2018 | 34.8 | -14.25% |
2017 | 40.6 | 34.84% |
2016 | 30.1 | -52.62% |
2015 | 63.5 | 100.4% |
2014 | 31.7 | 21.21% |
2013 | 26.1 | 24.8% |
2012 | 20.9 | -15.17% |
2011 | 24.7 | -8.85% |
2010 | 27.1 | 19% |
2009 | 22.8 | 32.04% |
2008 | 17.2 | -23.65% |
2007 | 22.6 | -13.42% |
2006 | 26.1 | 1.27% |
2005 | 25.7 | -2.29% |
2004 | 26.4 | -16.24% |
2003 | 31.5 | -44.34% |
2002 | 56.5 | -189.86% |
2001 | -62.9 |
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.