Jindal Worldwide
JINDWORLD.NS
#5679
Rank
C$1.33 B
Marketcap
$6.64
Share price
-4.77%
Change (1 day)
36.38%
Change (1 year)

P/E ratio for Jindal Worldwide (JINDWORLD.NS)

P/E ratio as of December 2024 (TTM): 87.1

According to Jindal Worldwide 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 87.1077. At the end of 2022 the company had a P/E ratio of 69.2.

P/E ratio history for Jindal Worldwide from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202269.234.66%
202151.431.13%
202039.215.76%
201933.9-26.96%
201846.3

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.