IBU-tec advanced materials AG
IBU.DE
#9455
Rank
C$50.14 M
Marketcap
$10.21
Share price
-0.57%
Change (1 day)
-67.25%
Change (1 year)

P/E ratio for IBU-tec advanced materials AG (IBU.DE)

P/E ratio at the end of 2023: -31.2

According to IBU-tec advanced materials AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.6223. At the end of 2023 the company had a P/E ratio of -31.2.

P/E ratio history for IBU-tec advanced materials AG from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-31.2-126.4%
2022118-114.7%
2021-804-777.54%
202011982.45%
201965.1144.22%
201826.6-92.61%
2017360

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.