VRL Logistics
VRLLOG.NS
#6515
Rank
โ‚ฌ0.52 B
Marketcap
6,02ย โ‚ฌ
Share price
-1.86%
Change (1 day)
-20.60%
Change (1 year)

P/E ratio for VRL Logistics (VRLLOG.NS)

P/E ratio as of November 2024 (TTM): 14.9

According to VRL Logistics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.945. At the end of 2022 the company had a P/E ratio of 25.7.

P/E ratio history for VRL Logistics from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.7-4.72%
202127.0-85.25%
2020183698.25%
201922.9-27.82%
201831.7-28.04%
201744.138.1%
201631.9-4.64%
201533.5

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.