QANTM Intellectual Property
QIP.AX
#8207
Rank
$0.16 B
Marketcap
$1.18
Share price
0.00%
Change (1 day)
92.81%
Change (1 year)

P/E ratio for QANTM Intellectual Property (QIP.AX)

P/E ratio at the end of 2023: 14.8

According to QANTM Intellectual Property's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.2253. At the end of 2023 the company had a P/E ratio of 14.8.

P/E ratio history for QANTM Intellectual Property from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202314.8-11.7%
202216.826.34%
202113.3-15.19%
202015.6-2.64%
201916.122.95%
201813.1-35.01%
201720.1

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.