XRF Scientific Limited
XRF.AX
#8448
Rank
ยฃ0.12 B
Marketcap
ยฃ0.88
Share price
-0.55%
Change (1 day)
41.23%
Change (1 year)

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

P/E ratio at the end of 2023: 19.6

According to XRF Scientific Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.7132. At the end of 2023 the company had a P/E ratio of 19.6.

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
202319.668.5%
202211.614.03%
202110.27.25%
20209.49-5.22%
201910.0-38.78%
201816.4-24.57%
201721.782.96%
201611.938.59%
20158.5513.15%
20147.566.85%
20137.0721.08%
20125.8413.58%
20115.14-84.24%
201032.6668.86%
20094.24-31.53%
20086.20-75.13%
200724.9

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.