IGO Limited
IGO.AX
#4429
Rank
S$2.33 B
Marketcap
$3.08
Share price
0.55%
Change (1 day)
-53.12%
Change (1 year)

P/E ratio for IGO Limited (IGO.AX)

P/E ratio at the end of 2023: 20.0

According to IGO Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.88443. At the end of 2023 the company had a P/E ratio of 20.0.

P/E ratio history for IGO Limited from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202320.0-6.4%
202221.4173.38%
20217.83-53.16%
202016.7-50.25%
201933.6-32.13%
201849.5-46.6%
201792.7-550.44%
2016-20.6-289.32%
201510.9-27.18%
201414.9-26.96%
201320.4-1336.27%
2012-1.65-101.95%
201184.7506.11%
201014.0-44.61%
200925.2235.47%
20087.5232.75%
20075.67-20.37%
20067.1142.27%
20055.0022.22%
20044.09-74.04%
200315.8-247.84%
2002-10.7

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.