Ashoka Buildcon
ASHOKA.NS
#6025
Rank
$0.27 B
Marketcap
$0.96
Share price
-0.70%
Change (1 day)
-28.36%
Change (1 year)

P/E ratio for Ashoka Buildcon (ASHOKA.NS)

P/E ratio as of February 2023 (TTM): 3.05

According to Ashoka Buildcon 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.05012. At the end of 2022 the company had a P/E ratio of 3.09.

P/E ratio history for Ashoka Buildcon from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20223.09-69.86%
202110.350.58%
20206.82-106.23%
2019-109153.72%
2018-43.1-88.23%
2017-366-764.5%
201655.162.88%
201533.8174.4%
201412.31.14%
201312.244.26%
20128.4519.79%
20117.06

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.