Qantas Airways
QAN.AX
#2232
Rank
$5.71 B
Marketcap
$3.31
Share price
-1.34%
Change (1 day)
4.42%
Change (1 year)

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

P/E ratio at the end of 2021: -4.60

According to Qantas Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.5817. At the end of 2021 the company had a P/E ratio of -4.60.

P/E ratio history for Qantas Airways from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-4.6062.29%
2020-2.83-128.86%
20199.81-5.29%
201810.4-10.31%
201711.5120.82%
20165.23-51.56%
201510.8-1588.22%
2014-0.7255-100.16%
2013463-6937.5%
2012-6.77-163%
201110.8-71.47%
201037.722.11%
200930.9557.57%
20084.69-62.36%
200712.511.85%
200611.236.22%
20058.19-16.02%
20049.75-40.2%
200316.31.79%
200216.050.99%
200110.6

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.