Itaรบsa
ITSA3.SA
#1025
Rank
A$29.12 B
Marketcap
$2.83
Share price
-1.10%
Change (1 day)
-1.65%
Change (1 year)

P/E ratio for Itaรบsa (ITSA3.SA)

P/E ratio as of November 2024 (TTM): 7.47

According to Itaรบsa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.4694. At the end of 2022 the company had a P/E ratio of 6.01.

P/E ratio history for Itaรบsa from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.01-16.9%
20217.24-48.34%
202014.028.36%
201910.9-2.86%
201811.223.01%
20179.1333.4%
20166.8535.4%
20155.06-29.11%
20147.13-41.23%
201312.1-31.57%
201217.7-41.64%
201130.4122.94%
201013.619.47%
200911.4

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.