IAF
Price:
$4.29
Market Cap:
$114.19M
Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and governm...[Read more]
Industry
Asset Management
IPO Date
1985-12-16
Stock Exchange
NYSE
Ticker
IAF
According to Abrdn Australia Equity Fund Inc’s latest financial reports and current stock price. The company's current PE Ratio is 30.64. This represents a change of 1.86% compared to the average of 1.56 of the last 4 quarters.
The mean historical PE Ratio of Abrdn Australia Equity Fund Inc over the last ten years is -3.44. The current 30.64 PE Ratio has changed -89226.07% with respect to the historical average. Over the past ten years (40 quarters), IAF's PE Ratio was at its highest in in the July 2016 quarter at 84.87. The PE Ratio was at its lowest in in the April 2015 quarter at -28.76.
Average
-3.44
Median
-0.04
Minimum
-59.57
Maximum
60.06
Discovering the peaks and valleys of Abrdn Australia Equity Fund Inc PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual PE Ratio = 60.06
Minimum Annual Increase = -1858.63%
Minimum Annual PE Ratio = -59.57
Year | PE Ratio | Change |
---|---|---|
2023 | 60.06 | -1858.63% |
2022 | -3.42 | -202.25% |
2021 | 3.34 | -105.61% |
2020 | -59.57 | -1070.98% |
2019 | 6.13 | -128.64% |
2018 | -21.42 | -422.54% |
2017 | 6.64 | -34.31% |
2016 | 10.11 | -326.47% |
2015 | -4.46 | -85.96% |
2014 | -31.80 | -240.32% |
The current PE Ratio of Abrdn Australia Equity Fund Inc (IAF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
20.00
5-year avg
1.31
10-year avg
-3.44
Abrdn Australia Equity Fund Inc’s PE Ratio is less than Abrdn Asia-Pacific Income Fund Inc (229.67), greater than Virtus Stone Harbor Emerging Markets Total Income Fund (-2.86), greater than Abrdn Japan Equity Fund Inc (7.45), greater than Virtus Stone Harbor Emerging Markets Income Fund (4.04), greater than Tortoise Pipeline & Energy Fund, Inc. (4.00), greater than Invesco High Income 2023 Target Term Fund (-27.41), greater than ClearBridge MLP and Midstream Total Return Fund Inc. (3.09), greater than Nuveen Multi-Market Income Fund (5.33), greater than First Trust Dynamic Europe Equity Income Fund (-8.12), greater than The New Germany Fund, Inc. (-11.96), greater than Eagle Point Income Company Inc. (5.12), greater than Western Asset High Yield Defined Opportunity Fund Inc. (8.10), greater than Nuveen New York Municipal Value Fund (15.59), greater than The European Equity Fund, Inc. (7.79), greater than MFS Charter Income Trust (9.78), greater than The Central and Eastern Europe Fund, Inc. (4.58), greater than Fiera Capital Corporation (14.87),
Company | PE Ratio | Market cap |
---|---|---|
229.67 | $633.89M | |
-2.86 | $50.30M | |
7.45 | $79.14M | |
4.04 | $140.50M | |
4.00 | $95.72M | |
-27.41 | $167.09M | |
3.09 | $277.19M | |
5.33 | $56.68M | |
-8.12 | $216.95M | |
-11.96 | $130.96M | |
5.12 | $374.32M | |
8.10 | $270.79M | |
15.59 | $151.28M | |
7.79 | $56.52M | |
9.78 | $262.63M | |
4.58 | $74.22M | |
14.87 | $670.45M |
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