Marksans Pharma
MARKSANS.NS
#4620
Rank
A$2.60 B
Marketcap
$5.75
Share price
2.41%
Change (1 day)
125.85%
Change (1 year)

P/E ratio for Marksans Pharma (MARKSANS.NS)

P/E ratio as of November 2024 (TTM): 46.5

According to Marksans Pharma 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.4925. At the end of 2022 the company had a P/E ratio of 11.1.

P/E ratio history for Marksans Pharma from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.17.73%
202110.3-16.13%
202012.352.79%
20198.07-56.84%
201818.7-61.63%
201748.7-71.88%
2016173320.33%
201541.265.69%
201424.9274.59%
20136.64

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.