XRF Scientific Limited
XRF.AX
#8204
Rank
A$0.24 B
Marketcap
$1.75
Share price
4.17%
Change (1 day)
71.26%
Change (1 year)

P/E ratio for XRF Scientific Limited (XRF.AX)

P/E ratio at the end of 2023: 20.7

According to XRF Scientific Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.7917. At the end of 2023 the company had a P/E ratio of 20.7.

P/E ratio history for XRF Scientific Limited from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202320.768.5%
202212.314.03%
202110.87.25%
202010.0-5.22%
201910.6-38.78%
201817.3-24.57%
201722.982.96%
201612.538.59%
20159.0413.15%
20147.996.85%
20137.4821.08%
20126.1813.58%
20115.44-84.24%
201034.5668.86%
20094.49-31.53%
20086.56-75.13%
200726.4

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.