Kuantum Papers
KUANTUM.NS
#8524
Rank
C$0.18 B
Marketcap
$2.07
Share price
0.82%
Change (1 day)
-23.06%
Change (1 year)

P/E ratio for Kuantum Papers (KUANTUM.NS)

P/E ratio as of November 2024 (TTM): 4.43

According to Kuantum Papers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.43236. At the end of 2022 the company had a P/E ratio of 16.9.

P/E ratio history for Kuantum Papers from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.9-52.21%
202135.4-172.39%
2020-48.9-1062.49%
20195.08

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.