Quess
QUESS.NS
#5318
Rank
NZ$1.92 B
Marketcap
$12.93
Share price
-2.32%
Change (1 day)
32.55%
Change (1 year)

P/E ratio for Quess (QUESS.NS)

P/E ratio as of November 2024 (TTM): 45.0

According to Quess's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.0035. At the end of 2022 the company had a P/E ratio of 22.5.

P/E ratio history for Quess from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.5-81.45%
2021121-874.61%
2020-15.7-158.3%
201926.9-28.07%
201837.4-37.6%
201759.9-11.81%
201667.9

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.