Mangalam Cement
MANGLMCEM.NS
#7640
Rank
ยฃ0.20 B
Marketcap
ยฃ7.61
Share price
-1.23%
Change (1 day)
90.43%
Change (1 year)

P/E ratio for Mangalam Cement (MANGLMCEM.NS)

P/E ratio as of November 2024 (TTM): 613

According to Mangalam Cement's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 613.466. At the end of 2022 the company had a P/E ratio of 43.3.

P/E ratio history for Mangalam Cement from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202243.3290.77%
202111.135.06%
20208.20-32.8%
201912.2-132.59%
2018-37.4-177.82%
201748.1215.44%
201615.3-196.22%
2015-15.9-143.63%
201436.3280.84%
20139.5475.51%
20125.44

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.