P/E ratio for Raymond (RAYMOND.NS)
P/E ratio as of March 2025 (TTM): 5.90
According to Raymond's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.89595. At the end of 2022 the company had a P/E ratio of 16.4.
P/E ratio history for Raymond from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.4 | -78.85% |
| 2021 | 77.4 | -1579.13% |
| 2020 | -5.23 | -142.18% |
| 2019 | 12.4 | -63.25% |
| 2018 | 33.8 | -40.11% |
| 2017 | 56.4 | -16.08% |
| 2016 | 67.2 | 37.07% |
| 2015 | 49.0 | 57.61% |
| 2014 | 31.1 | 79.67% |
| 2013 | 17.3 | -80.77% |
| 2012 | 90.0 |
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.