According to iA Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4175. At the end of 2022 the company had a P/E ratio of 14.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 14.7 | 57.07% |
2021 | 9.36 | -3.11% |
2020 | 9.66 | -12.75% |
2019 | 11.1 | 42.87% |
2018 | 7.75 | -37.27% |
2017 | 12.4 | 20.84% |
2016 | 10.2 | -17.03% |
2015 | 12.3 | 10.98% |
2014 | 11.1 | -14.83% |
2013 | 13.0 | 39.23% |
2012 | 9.37 | -57.24% |
2011 | 21.9 | 80.93% |
2010 | 12.1 | -3.36% |
2009 | 12.5 | -55.92% |
2008 | 28.4 | 101.62% |
2007 | 14.1 | 8.07% |
2006 | 13.0 | -25.5% |
2005 | 17.5 | 24.84% |
2004 | 14.0 | 12.42% |
2003 | 12.5 | -19.74% |
2002 | 15.5 | -8.35% |
2001 | 17.0 |
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.