IOI Corporation Berhad
1961.KL
#2622
Rank
A$8.22 B
Marketcap
$1.33
Share price
-2.03%
Change (1 day)
2.36%
Change (1 year)

P/E ratio for IOI Corporation Berhad (1961.KL)

P/E ratio as of November 2024 (TTM): 14.7

According to IOI Corporation Berhad's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.69. At the end of 2022 the company had a P/E ratio of 13.7.

P/E ratio history for IOI Corporation Berhad from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.7-9.71%
202115.2-51.61%
202031.4-29%
201944.2286.64%
201811.4-36.69%
201718.1-48.41%
201635.0-122.54%
2015-155-1516.09%
201411.0-40.92%
201318.618.81%
201215.6

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.