Dixon Technologies
DIXON.NS
#2543
Rank
$5.36 B
Marketcap
$89.77
Share price
0.74%
Change (1 day)
161.49%
Change (1 year)

P/E ratio for Dixon Technologies (DIXON.NS)

P/E ratio as of March 2024 (TTM): 158

According to Dixon Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 158.144. At the end of 2022 the company had a P/E ratio of 97.5.

P/E ratio history for Dixon Technologies from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202297.5-48.25%
202118873.19%
2020109176.46%
201939.43%
201838.2-52.43%
201780.3

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.