P/E ratio for Future Retail (FRETAIL.NS)
P/E ratio as of May 2024 (TTM): -0.0273
According to Future Retail 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0273005. At the end of 2020 the company had a P/E ratio of -1.62.
P/E ratio history for Future Retail from 2016 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | -1.62 | -106.52% |
| 2019 | 24.9 | -93.63% |
| 2018 | 391 | 826.54% |
| 2017 | 42.2 | 151.08% |
| 2016 | 16.8 |
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.