3i Infotech
3IINFOLTD.NS
#9160
Rank
C$79.72 M
Marketcap
$0.47
Share price
-2.26%
Change (1 day)
-20.79%
Change (1 year)

P/E ratio for 3i Infotech (3IINFOLTD.NS)

P/E ratio as of November 2024 (TTM): 356

According to 3i Infotech 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 355.593. At the end of 2022 the company had a P/E ratio of 25.8.

P/E ratio history for 3i Infotech from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.8401.3%
20215.14-75.03%
202020.6403.2%
20194.10-59.05%
201810.0-28.41%
201714.0-1017.21%
2016-1.525497.72%
2015-0.0272-96.53%
2014-0.7849-45.55%
2013-1.44377.53%
2012-0.3019

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.