According to Indus Holding 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.2445. At the end of 2022 the company had a P/E ratio of -11.3.
Year | P/E ratio | Change |
---|---|---|
2022 | -11.3 | -161.82% |
2021 | 18.3 | -161.8% |
2020 | -29.6 | -285.61% |
2019 | 16.0 | 16.09% |
2018 | 13.8 | -23.31% |
2017 | 17.9 | 15.79% |
2016 | 15.5 | -3.09% |
2015 | 16.0 | 11% |
2014 | 14.4 | 45.76% |
2013 | 9.88 | 11.4% |
2012 | 8.87 | 26.42% |
2011 | 7.01 | -19.83% |
2010 | 8.75 | -52.6% |
2009 | 18.5 |
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.