P/E ratio for IQGeo Group (IQG.L)
P/E ratio at the end of 2023: > 1000
According to IQGeo Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7231040. At the end of 2023 the company had a P/E ratio of > 1000.
P/E ratio history for IQGeo Group from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | > 1000 | -36022.7% |
| 2022 | -133 | 269.55% |
| 2021 | -36.1 | 278.51% |
| 2020 | -9.53 | 46.06% |
| 2019 | -6.53 | -359.09% |
| 2018 | 2.52 | -130.64% |
| 2017 | -8.22 | 98% |
| 2016 | -4.15 | 482.9% |
| 2015 | -0.7124 | -88.32% |
| 2014 | -6.10 | -72.11% |
| 2013 | -21.9 | -66.99% |
| 2012 | -66.2 | -108.29% |
| 2011 | 799 |
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.