P/E ratio for Infratil (IFT.NZ)
P/E ratio at the end of 2023: 9.91
According to Infratil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8532. At the end of 2023 the company had a P/E ratio of 9.91.
P/E ratio history for Infratil from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 9.91 | 123.78% |
| 2022 | 4.43 | -105.11% |
| 2021 | -86.7 | -929.62% |
| 2020 | 10.5 | -109.74% |
| 2019 | -107 | -549.85% |
| 2018 | 23.9 | 12.85% |
| 2017 | 21.1 | 471.75% |
| 2016 | 3.70 | -1.41% |
| 2015 | 3.75 | -17.6% |
| 2014 | 4.55 | -98.47% |
| 2013 | 298 | 1755.48% |
| 2012 | 16.1 | 15.19% |
| 2011 | 14.0 | -50.4% |
| 2010 | 28.1 | -777.8% |
| 2009 | -4.15 | -99.09% |
| 2008 | -457 | -2197.97% |
| 2007 | 21.8 | -68.52% |
| 2006 | 69.3 | 456.26% |
| 2005 | 12.5 | -38.72% |
| 2004 | 20.3 | 78.52% |
| 2003 | 11.4 | -21.43% |
| 2002 | 14.5 | -5.89% |
| 2001 | 15.4 |
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.