Qantas Airways
QAN.AX
#1761
Rank
$9.97 B
Marketcap
$6.59
Share price
0.10%
Change (1 day)
61.89%
Change (1 year)

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

P/E ratio at the end of 2024: 7.45

According to Qantas Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8843. At the end of 2024 the company had a P/E ratio of 7.45.

P/E ratio history for Qantas Airways from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20247.4519.44%
20236.24-167.31%
2022-9.27119.36%
2021-4.2362.29%
2020-2.60-128.86%
20199.02-5.21%
20189.52-10.36%
201710.6120.82%
20164.81-51.56%
20159.93-1588.22%
2014-0.6669-100.16%
2013425-6931.48%
2012-6.22-162.98%
20119.88-71.47%
201034.622.11%
200928.4557.57%
20084.32-62.92%
200711.613.53%
200610.349.18%
20056.87-23.99%
20049.04-42.17%
200315.6-14.44%
200218.337.65%
200113.3

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.