P/E ratio for Xero (XRO.AX)
P/E ratio at the end of 2023: -125
According to Xero's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of -125.
P/E ratio history for Xero from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -125 | -93.53% |
| 2022 | < -1000 | -297.36% |
| 2021 | 978 | -66.79% |
| 2020 | > 1000 | -1193.61% |
| 2019 | -269 | 51.25% |
| 2018 | -178 | 357.29% |
| 2017 | -38.9 | 54.56% |
| 2016 | -25.2 | -42.44% |
| 2015 | -43.7 | -67.08% |
| 2014 | -133 | 52.49% |
| 2013 | -87.1 |
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.