Monte Carlo Fashions
MONTECARLO.NS
#7967
Rank
C$0.31 B
Marketcap
$15.08
Share price
-1.89%
Change (1 day)
39.44%
Change (1 year)
Categories

P/E ratio for Monte Carlo Fashions (MONTECARLO.NS)

P/E ratio as of December 2024 (TTM): 14.4

According to Monte Carlo Fashions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3531. At the end of 2022 the company had a P/E ratio of 11.4.

P/E ratio history for Monte Carlo Fashions from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.4-10.96%
202112.846.11%
20208.78-22.02%
201911.3-5.61%
201811.9-31.83%
201717.5-2.3%
201617.9-4.01%
201518.7-5.53%
201419.7

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.