P/E ratio for Qube Holdings (QUB.AX)
P/E ratio at the end of 2022: 39.8
According to Qube Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.303. At the end of 2022 the company had a P/E ratio of 39.8.
P/E ratio history for Qube Holdings from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 39.8 | -29.64% |
| 2021 | 56.5 | 10.17% |
| 2020 | 51.3 | 115.34% |
| 2019 | 23.8 | 35.93% |
| 2018 | 17.5 | -59.65% |
| 2017 | 43.4 | 81.23% |
| 2016 | 24.0 | -4.6% |
| 2015 | 25.1 | 43.18% |
| 2014 | 17.5 | 21.23% |
| 2013 | 14.5 | -104.41% |
| 2012 | -328 | -3903.29% |
| 2011 | 8.64 | 31.1% |
| 2010 | 6.59 | -186.84% |
| 2009 | -7.58 | -301.86% |
| 2008 | 3.76 |
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.