Qatari Investors Group
QIGD.QA
#6634
Rank
HK$4.05 B
Marketcap
HK$3.26
Share price
2.42%
Change (1 day)
-4.93%
Change (1 year)

P/E ratio for Qatari Investors Group (QIGD.QA)

P/E ratio as of November 2024 (TTM): 9.53

According to Qatari Investors Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.53091. At the end of 2022 the company had a P/E ratio of 11.2.

P/E ratio history for Qatari Investors Group from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.2-24.05%
202114.8-43.51%
202026.274.67%
201915.0-11.01%
201816.9-6.05%
201717.9-31.61%
201626.243.15%
201518.3-18.21%
201422.4-10.69%
201325.134.28%
201218.7-26.89%
201125.6-15.82%
201030.4

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.