XRF Scientific Limited
XRF.AX
#8190
Rank
$0.16 B
Marketcap
$1.16
Share price
5.06%
Change (1 day)
79.10%
Change (1 year)

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

P/E ratio at the end of 2023: 20.6

According to XRF Scientific Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.3007. At the end of 2023 the company had a P/E ratio of 20.6.

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
202320.668.5%
202212.214.03%
202110.77.25%
202010.0-5.22%
201910.6-38.78%
201817.3-24.57%
201722.982.96%
201612.538.59%
20159.0313.15%
20147.986.85%
20137.4721.08%
20126.1713.58%
20115.43-84.24%
201034.4668.86%
20094.48-31.53%
20086.54-75.13%
200726.3

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.