Impax Asset Management Group (LSE:IPX) PE Ratio: 9.38 (As of Jun. 25, 2026) — 59% Below Median


LSE:IPX Impax Asset Management Group PLC LSE:IPX
63 GF Score
Price £0.99
GF Value £2.43
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Impax Asset Management Group PE Ratio?

Impax Asset Management Group LSE:IPX +2.48% 63 PE Ratio is 9.38 as of Jun. 25, 2026, which is 59% below its 10-year median of 22.72. GuruFocus rates LSE:IPX with a GF Score™ of 63/100 and a GF Value™ of £2.43 (Significantly Undervalued). The stock has 3 warning signs investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-25), Impax Asset Management Group's share price is £0.985. Impax Asset Management Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £0.11. Therefore, Impax Asset Management Group's PE Ratio for today is 9.38.

Good Sign:

Impax Asset Management Group PLC stock PE Ratio (=6.12) is close to 1-year low of 5.96.

During the past 13 years, Impax Asset Management Group's highest PE Ratio was 122.86. The lowest was 4.48. And the median was 22.72.

Impax Asset Management Group's EPS (Diluted) for the six months ended in Mar. 2026 was £0.04. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £0.11.

As of today (2026-06-25), Impax Asset Management Group's share price is £0.985. Impax Asset Management Group's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was £0.16. Therefore, Impax Asset Management Group's PE Ratio without NRI ratio for today is 6.12.

During the past 13 years, Impax Asset Management Group's highest PE Ratio without NRI was 88.97. The lowest was 3.92. And the median was 19.55.

Impax Asset Management Group's EPS without NRI for the six months ended in Mar. 2026 was £0.07. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was £0.16.

During the past 12 months, Impax Asset Management Group's average EPS without NRI Growth Rate was -44.10% per year. During the past 3 years, the average EPS without NRI Growth Rate was -20.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 4.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was 29.80% per year.

During the past 13 years, Impax Asset Management Group's highest 3-Year average EPS without NRI Growth Rate was 64.20% per year. The lowest was -29.40% per year. And the median was 2.90% per year.

Impax Asset Management Group's EPS (Basic) for the six months ended in Mar. 2026 was £0.04. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was £0.11.

Back to Basics: PE Ratio


Impax Asset Management Group  (LSE:IPX) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Impax Asset Management Group PE Ratio Related Terms


Impax Asset Management Group PE Ratio Historical Data

* Premium members only.

The historical data trend for Impax Asset Management Group's PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Impax Asset Management Group PE Ratio Chart

Impax Asset Management Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.02 11.74 15.39 13.40 12.09

Impax Asset Management Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss 13.40 At Loss 12.09 At Loss

LSE:IPX vs BLK, BX, KKR: PE Ratio Comparison

For the Asset Management subindustry, Impax Asset Management Group's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Impax Asset Management Group PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Impax Asset Management Group's PE Ratio distribution charts can be found below:

* The bar in red indicates where Impax Asset Management Group's PE Ratio falls into.


LSE:IPX
63GF Score
Impax Asset Management Group PLC LSE:IPX
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Impax Asset Management Group PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Impax Asset Management Group's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=0.985/0.105
=9.38

Impax Asset Management Group's Share Price of today is £0.985.
For company reported semi-annually, Impax Asset Management Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.11.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 9.38 mean?
Impax Asset Management Group (LSE:IPX) has a PE Ratio of 9.38 as of Jun. 25, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Impax Asset Management Group and its competitors. This is 59% below median its historical median of 22.72. Over the past decade, Impax Asset Management Group's PE Ratio has ranged from 4.48 to 122.86.
Is Impax Asset Management Group's PE Ratio too high?
Impax Asset Management Group's current PE Ratio of 9.38 is 59% below median its 10-year median of 22.72. Over the past 10 years, this metric has ranged from a low of 4.48 to a high of 122.86. Overall, Impax Asset Management Group has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's PE Ratio compare to BLK and BX?
Impax Asset Management Group's PE Ratio of 9.38 can be compared against companies in the Asset Management industry. Historically, Impax Asset Management Group's own PE Ratio has ranged from 4.48 to 122.86 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for an Asset Management company?
A good PE Ratio depends on the Asset Management industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Impax Asset Management Group and its competitors. Impax Asset Management Group's current PE Ratio is 9.38, which is 59% below median its own 10-year median of 22.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (LSE:IPX) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.43, compared to a current price of £0.99 — trading 59.5% below its estimated fair value. The current PE Ratio is 9.38, which is 59% below median its 10-year median of 22.72. Impax Asset Management Group's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For Impax Asset Management Group (LSE:IPX), the current PE Ratio is 9.38 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Impax Asset Management Group (LSE:IPX) Overvalued in 2026?

Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued. The current stock price of £0.99 is trading 59.5% below its estimated GF Value™ of £2.43. GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.

Key valuation signals for LSE:IPX:

  • PE Ratio: 9.38 (59% below median its 10-year median of 22.72)
  • GF Value™: £2.43 vs. price of £0.99 (59.5% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the LSE:IPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Impax Asset Management Group Business Description

Other Exchanges IPXAF:USAIPXl:UKLW4:Germany
Address 30 Panton Street, 7th Floor, London, GBR, SW1Y 4AJ
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
63GF Score

Get the complete analysis for LSE:IPX

PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.99
Price
£2.43
GF Value