East Pipes Integrated Company for Industry
1321.SR
#5281
Rank
A$1.86 B
Marketcap
$59.15
Share price
-1.43%
Change (1 day)
91.85%
Change (1 year)

P/E ratio for East Pipes Integrated Company for Industry (1321.SR)

P/E ratio as of December 2024 (TTM): 32.0

According to East Pipes Integrated Company for Industry's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.0381. At the end of 2023 the company had a P/E ratio of 16.1.

P/E ratio history for East Pipes Integrated Company for Industry from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202316.1-103.13%
2022-514

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.