IVS Group
IVS.MI
#6161
Rank
S$0.91 B
Marketcap
$10.13
Share price
0.00%
Change (1 day)
24.93%
Change (1 year)

P/E ratio for IVS Group (IVS.MI)

P/E ratio as of November 2024 (TTM): 215

According to IVS Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 214.871. At the end of 2023 the company had a P/E ratio of 30.3.

P/E ratio history for IVS Group from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202330.3-25.61%
202240.815.68%
202135.3-361.83%
2020-13.5-177.38%
201917.4-1.77%
201817.7-32.28%
201726.232.34%
201619.8-212.32%
2015-17.6-109.58%
2014184280.18%
201348.3-440.81%
2012-14.2-152.1%
201127.2

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.