MPS Limited
MPSLTD.NS
#7076
Rank
C$0.59 B
Marketcap
$34.21
Share price
1.40%
Change (1 day)
26.01%
Change (1 year)
Categories

P/E ratio for MPS Limited (MPSLTD.NS)

P/E ratio as of December 2024 (TTM): 27.1

According to MPS Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1219. At the end of 2022 the company had a P/E ratio of 14.3.

P/E ratio history for MPS Limited from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.3-1.41%
202114.519.44%
202012.21.51%
201912.0-8.52%
201813.1-21.82%
201716.82.82%
201616.3-31.66%
201523.916.15%
201420.695.43%
201310.5

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.