Iida Group
3291.T
#2954
Rank
NZ$7.51 B
Marketcap
$26.81
Share price
1.90%
Change (1 day)
14.25%
Change (1 year)

P/E ratio for Iida Group (3291.T)

P/E ratio as of December 2024 (TTM): 9.22

According to Iida Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.2241. At the end of 2022 the company had a P/E ratio of 6.50.

P/E ratio history for Iida Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.50-9.66%
20217.19-18.18%
20208.79-4.14%
20199.1710.71%
20188.29-3.16%
20178.564.52%
20168.19-21.65%
201510.4-29.46%
201414.8

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.