IGO Limited IGO Limited

IGO Limited

IGO

Rank in Stocks #5102
IGO Limited is an Australian exploration and mining firm dedicated to... IGO Limited is an Australian exploration and mining firm dedicated to discovering, developing, and operating mineral assets essential for clean energy technologies. The company holds outright ownership and management of several key Western Australian operations, including the Nova nickel-copper-cobalt mine, situated northeast of Norseman in the Great Western Woodlands; the Cosmos nickel mine, located north of Leinster; and the Forrestania nickel mine, positioned east of Perth. Furthermore, IGO strategically invests in lithium mining ventures and fully controls a downstream processing facility at Kwinana, Western Australia, which refines lithium into battery-grade hydroxide. Its comprehensive portfolio also encompasses a range of other exploration and development projects, such as Fraser Range, Kimberley, Paterson, Copper Coast, Frontier, Raptor, and Western Gawler. Established in 2000 and headquartered in Perth, Australia, the company previously operated under the name Independence Group NL before adopting IGO Limited in January 2020.
Share Price
$3.72
Market Cap
$2.81B
Change (1 day)
0.09%
Change (1 year)
8.03%
Country
AU
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Category

Basic Materials
P/E ratio for IGO Limited (IGO)
P/E ratio as of October 2026 TTM: 27.66
According to IGO Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.66. At the end of 2024 the company had a P/E ratio of 1.58K.
P/E ratio history for IGO Limited from 2001 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 27.66 -935.50%
2025 -3.31 -100.21%
2024 1.58K 7,448.58%
2023 20.96 -7.85%
2022 22.75 -28.01%
2021 31.60 70.36%
2020 18.55 -49.65%
2019 36.84 -35.26%
2018 56.91 -46.66%
2017 106.70 -530.74%
2016 -24.77 -294.78%
2015 12.72 -41.62%
2014 21.78 -25.24%
2013 29.14 -1,200.30%
2012 -2.65 -101.83%
2011 144.67 673.92%
2010 18.69 -43.02%
2009 32.81 186.19%
2008 11.46 53.00%
2007 7.49 -18.34%
2006 9.18 35.51%
2005 6.77 51.19%
2004 4.48 -77.94%
2003 20.30 -319.53%
2002 -9.25 0.00%
2001 0.00 0.00%
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.