Aditya Birla Fashion and Retail
ABFRL.NS
#3271
Rank
A$5.67 B
Marketcap
$5.32
Share price
-2.79%
Change (1 day)
37.37%
Change (1 year)

P/E ratio for Aditya Birla Fashion and Retail (ABFRL.NS)

P/E ratio as of December 2024 (TTM): -68.4

According to Aditya Birla Fashion and Retail's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -68.4233. At the end of 2018 the company had a P/E ratio of 67.7.

P/E ratio history for Aditya Birla Fashion and Retail from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
201867.7-86.45%
2017500-462.19%
2016-138

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.