According to IVS Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 212.944. At the end of 2023 the company had a P/E ratio of 30.3.
Year | P/E ratio | Change |
---|---|---|
2023 | 30.3 | -25.61% |
2022 | 40.8 | 15.68% |
2021 | 35.3 | -361.83% |
2020 | -13.5 | -177.38% |
2019 | 17.4 | -1.77% |
2018 | 17.7 | -32.28% |
2017 | 26.2 | 32.34% |
2016 | 19.8 | -212.32% |
2015 | -17.6 | -109.58% |
2014 | 184 | 280.18% |
2013 | 48.3 | -440.81% |
2012 | -14.2 | -152.1% |
2011 | 27.2 |
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.