Qrf
QRF.BR
#9091
Rank
NZ$0.23 B
Marketcap
NZ$22.67
Share price
-1.30%
Change (1 day)
19.18%
Change (1 year)

P/E ratio for Qrf (QRF.BR)

P/E ratio at the end of 2024: 7.61

According to Qrf's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.21242. At the end of 2024 the company had a P/E ratio of 7.61.

P/E ratio history for Qrf from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20247.61-126.74%
2023-28.5-706.66%
20224.69-82.08%
202126.2-353.23%
2020-10.3176.48%
2019-3.74-104.71%
201879.3432.31%
201714.945.84%
201610.2-8.6%
201511.2-18.84%
201413.8-169.48%
2013-19.8

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.