Action Construction Equipment
ACE.NS
#4872
Rank
$1.66 B
Marketcap
$13.95
Share price
0.23%
Change (1 day)
-20.31%
Change (1 year)

P/E ratio for Action Construction Equipment (ACE.NS)

P/E ratio as of July 2025 (TTM): 36.9

According to Action Construction Equipment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.8955. At the end of 2024 the company had a P/E ratio of 58.3.

P/E ratio history for Action Construction Equipment from 2018 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202458.3112.69%
202327.410.82%
202224.712.3%
202122.0192.96%
20207.52-68.53%
201923.9-38.75%
201839.0-16.27%
201746.61.33%
201646.0-18.87%
201556.616.72%
201448.5144.62%
201319.878.68%
201211.110.78%
201110.0-40.53%
201016.9195.85%
20095.70-71.68%
200820.1-25.19%
200726.9

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.