P/E ratio for IP Group (IPO.L)
P/E ratio at the end of 2023: -3.54
According to IP Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -24891. At the end of 2023 the company had a P/E ratio of -3.54.
P/E ratio history for IP Group from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -3.54 | 97.63% |
| 2022 | -1.79 | -165.34% |
| 2021 | 2.74 | -48.37% |
| 2020 | 5.31 | -155.22% |
| 2019 | -9.62 | 135.76% |
| 2018 | -4.08 | -2230.13% |
| 2017 | 0.1916 | -100.25% |
| 2016 | -77.8 | -690.68% |
| 2015 | 13.2 | -84.67% |
| 2014 | 86.0 | 1198.2% |
| 2013 | 6.62 | -23.01% |
| 2012 | 8.60 | -123.43% |
| 2011 | -36.7 | -200.18% |
| 2010 | 36.7 | -292.58% |
| 2009 | -19.0 | 525.81% |
| 2008 | -3.04 | -151.95% |
| 2007 | 5.86 | 4.21% |
| 2006 | 5.62 | -81.53% |
| 2005 | 30.4 | 254.78% |
| 2004 | 8.58 | -106.98% |
| 2003 | -123 |
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.