Surya Roshni
SURYAROSNI.NS
#6112
Rank
A$1.13 B
Marketcap
$10.43
Share price
-1.23%
Change (1 day)
-10.32%
Change (1 year)

P/E ratio for Surya Roshni (SURYAROSNI.NS)

P/E ratio as of December 2024 (TTM): 11.5

According to Surya Roshni's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4952. At the end of 2022 the company had a P/E ratio of 8.40.

P/E ratio history for Surya Roshni from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.40-35.71%
202113.16.35%
202012.3128.83%
20195.37-50.86%
201810.9-48.45%
201721.280.37%
201611.840.61%
20158.366.76%
20147.83

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.