Fairfax India Holdings
FIH-U.TO
#4225
Rank
$1.88 B
Marketcap
$13.96
Share price
0.50%
Change (1 day)
2.27%
Change (1 year)

P/E ratio for Fairfax India Holdings (FIH-U.TO)

P/E ratio as of June 2024 (TTM): 6.20

According to Fairfax India Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.20089. At the end of 2022 the company had a P/E ratio of 8.90.

P/E ratio history for Fairfax India Holdings from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.90137.81%
20213.74-109.74%
2020-38.4-1114%
20193.79-81.83%
201820.8332.11%
20174.82-57.82%
201611.4-52.45%
201524.0

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.