P/E ratio for Dhampur Sugar Mills (DHAMPURSUG.NS)
P/E ratio as of April 2024 (TTM): 9.79
According to Dhampur Sugar Mills's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.79449. At the end of 2022 the company had a P/E ratio of 13.0.
P/E ratio history for Dhampur Sugar Mills from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.0 | 30.99% |
| 2021 | 9.93 | 114.47% |
| 2020 | 4.63 | -34.01% |
| 2019 | 7.02 | -28.73% |
| 2018 | 9.84 | 55.93% |
| 2017 | 6.31 | 79.5% |
| 2016 | 3.52 | -109.52% |
| 2015 | -36.9 | 499.28% |
| 2014 | -6.16 | 316.53% |
| 2013 | -1.48 |
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.