Future Retail
FRETAIL.NS
#9653
Rank
C$20.39 M
Marketcap
$0.03761
Share price
0.00%
Change (1 day)
-31.84%
Change (1 year)

P/E ratio for Future Retail (FRETAIL.NS)

P/E ratio as of November 2024 (TTM): -0.0246

According to Future Retail 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0246067. At the end of 2020 the company had a P/E ratio of -1.62.

P/E ratio history for Future Retail from 2016 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2020-1.62-106.52%
201924.9-93.63%
2018391826.54%
201742.2151.08%
201616.8

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.