ID Logistics Group
IDL.PA
#3676
Rank
S$3.78 B
Marketcap
$579.10
Share price
-0.12%
Change (1 day)
25.71%
Change (1 year)

P/E ratio for ID Logistics Group (IDL.PA)

P/E ratio at the end of 2022: 38.3

According to ID Logistics Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.919. At the end of 2022 the company had a P/E ratio of 38.3.

P/E ratio history for ID Logistics Group from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202238.3-32.24%
202156.634.19%
202042.2-32.49%
201962.5169.35%
201823.2-42.38%
201740.2-15.52%
201647.651.12%
201531.580.62%
201417.4-11.2%
201319.7-23.39%
201225.7

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.