P/E ratio for Cosmo First (COSMOFIRST.NS)
P/E ratio as of April 2024 (TTM): 9.45
According to Cosmo First's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.45229. At the end of 2022 the company had a P/E ratio of 6.44.
P/E ratio history for Cosmo First from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.44 | -6.7% |
| 2021 | 6.90 | 45.6% |
| 2020 | 4.74 | 28.25% |
| 2019 | 3.70 | -48.27% |
| 2018 | 7.14 | -32.73% |
| 2017 | 10.6 | 35.81% |
| 2016 | 7.82 | 27.72% |
| 2015 | 6.12 | 1471.8% |
| 2014 | 0.3894 | -100.8% |
| 2013 | -48.5 |
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.