QinetiQ
QQ.L
#3603
Rank
โ‚น250.47 B
Marketcap
โ‚น445.94
Share price
0.24%
Change (1 day)
35.61%
Change (1 year)

P/E ratio for QinetiQ (QQ.L)

P/E ratio at the end of 2023: 12.2

According to QinetiQ's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1570.52. At the end of 2023 the company had a P/E ratio of 12.2.

P/E ratio history for QinetiQ from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.2-33.36%
202218.334.13%
202113.6-18.92%
202016.816.06%
201914.591.69%
20187.55-42.44%
201713.118.2%
201611.113.87%
20159.74-110.67%
2014-91.3979.19%
2013-8.46-357.33%
20123.29-97.23%
2011119-1127.44%
2010-11.6-247.41%
20097.85-54.5%
200817.352.73%
200711.3-16.34%
200613.5

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.