QL Resources
7084.KL
#3346
Rank
$3.15 B
Marketcap
$1.30
Share price
0.32%
Change (1 day)
-1.52%
Change (1 year)

P/E ratio for QL Resources (7084.KL)

P/E ratio as of April 2024 (TTM): 35.5

According to QL Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.5381. At the end of 2023 the company had a P/E ratio of 42.1.

P/E ratio history for QL Resources from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202342.1-23.68%
202255.218.66%
202146.5-4.11%
202048.5-8.82%
201953.225.49%
201842.445.43%
201729.21.74%
201628.712.27%
201525.511.71%
201422.920.47%
201319.0-6.59%
201220.35.18%
201119.351.58%
201012.742.15%
20098.96-43.39%
200815.863.99%
20079.66-11.89%
200611.0

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.