According to Qube Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.0725. At the end of 2022 the company had a P/E ratio of 39.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 39.0 | -29.64% |
2021 | 55.4 | 10.17% |
2020 | 50.3 | 115.34% |
2019 | 23.3 | 35.93% |
2018 | 17.2 | -59.65% |
2017 | 42.5 | 81.23% |
2016 | 23.5 | -4.6% |
2015 | 24.6 | 43.18% |
2014 | 17.2 | 21.23% |
2013 | 14.2 | -104.41% |
2012 | -322 | -3903.29% |
2011 | 8.46 | 31.1% |
2010 | 6.45 | -186.84% |
2009 | -7.43 | -301.86% |
2008 | 3.68 |
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.