P/E ratio for QBE Insurance (QBE.AX)
P/E ratio at the end of 2019: 31.2
According to QBE Insurance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2019 the company had a P/E ratio of 31.2.
P/E ratio history for QBE Insurance from 2001 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 31.2 | -8.31% |
| 2018 | 34.0 | -391.5% |
| 2017 | -11.7 | -157.89% |
| 2016 | 20.2 | -19.45% |
| 2015 | 25.0 | 28.05% |
| 2014 | 19.5 | -135.13% |
| 2013 | -55.6 | -420.58% |
| 2012 | 17.4 | -13.01% |
| 2011 | 20.0 | 34.22% |
| 2010 | 14.9 | 3.19% |
| 2009 | 14.4 | -18.5% |
| 2008 | 17.7 | 6.01% |
| 2007 | 16.7 | -15.02% |
| 2006 | 19.6 | 5.77% |
| 2005 | 18.6 | 12.76% |
| 2004 | 16.5 | 1.79% |
| 2003 | 16.2 | -47.73% |
| 2002 | 30.9 | -110.89% |
| 2001 | -284 |
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.