Nilkamal
NILKAMAL.NS
#7382
Rank
ยฃ0.26 B
Marketcap
ยฃ17.81
Share price
-0.21%
Change (1 day)
-15.50%
Change (1 year)

P/E ratio for Nilkamal (NILKAMAL.NS)

P/E ratio as of December 2024 (TTM): 20.0

According to Nilkamal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0185. At the end of 2022 the company had a P/E ratio of 26.6.

P/E ratio history for Nilkamal from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.6-25.72%
202135.871.16%
202020.951.11%
201913.9

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.