Fine Organics
FINEORG.NS
#3959
Rank
$1.83 B
Marketcap
$59.69
Share price
-1.39%
Change (1 day)
14.52%
Change (1 year)
Categories

P/E ratio for Fine Organics (FINEORG.NS)

P/E ratio as of February 2023 (TTM): 31.1

According to Fine Organics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.1148. At the end of 2022 the company had a P/E ratio of 48.2.

P/E ratio history for Fine Organics from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202248.2-17.08%
202158.166.22%
202034.920.15%
201929.1

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.