Qantas Airways
QAN.AX
#2223
Rank
$6.53 B
Marketcap
$4.01
Share price
2.71%
Change (1 day)
-4.27%
Change (1 year)

P/E ratio for Qantas Airways (QAN.AX)

P/E ratio at the end of 2022: -9.64

According to Qantas Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.4593. At the end of 2022 the company had a P/E ratio of -9.64.

P/E ratio history for Qantas Airways from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-9.64119.36%
2021-4.4062.29%
2020-2.71-128.86%
20199.38-5.29%
20189.91-10.31%
201711.0120.82%
20165.00-51.56%
201510.3-1588.22%
2014-0.6938-100.16%
2013443-6937.5%
2012-6.48-163%
201110.3-71.47%
201036.022.11%
200929.5557.57%
20084.49-62.36%
200711.911.85%
200610.727.66%
20058.35-16.02%
20049.95-40.2%
200316.61.79%
200216.350.99%
200110.8

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.