IDP Education Limited engages in the placement of students into education institutions in Australia, the United Kingdom, the United States, Canada, New Zealand, and Ireland. Its services include counselling, application processing, pre-departure guidance, student placement and examinations, English language teaching, client relations, online student recruitment, and shared services. The company is also involved in the distribution and administration of International English Language Testing System tests for study, work, and migration purposes. In addition, it operates English language schools; and provides digital marketing and event services. IDP Education Limited was founded in 1969 and is headquartered in Docklands, Australia.
P/B ratio for IDP Education Limited (IEL.AX)
P/B ratio as of 2024: 7.93
According to IDP Education Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 7.93. At the end of 2023 the company had a P/B ratio of 11.89.
P/B ratio history for IDP Education Limited from 2013 to 2024
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2024 | 7.93 |
| 2023 | 11.89 |
| 2022 | 14.55 |
| 2021 | 17.62 |
| 2020 | 10.25 |
| 2019 | 29.38 |
| 2018 | 25.98 |
| 2017 | 14.35 |
| 2016 | 13.00 |
| 2015 | 9.80 |
| 2014 | 8.80 |
| 2013 | 8.21 |