Balaji Telefilms
BALAJITELE.NS
#9042
Rank
HK$0.55 B
Marketcap
HK$5.37
Share price
-0.15%
Change (1 day)
-19.06%
Change (1 year)
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P/E ratio for Balaji Telefilms (BALAJITELE.NS)

P/E ratio as of November 2024 (TTM): -225

According to Balaji Telefilms 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -224.618. At the end of 2022 the company had a P/E ratio of -5.91.

P/E ratio history for Balaji Telefilms from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-5.9131.49%
2021-4.50-35.51%
2020-6.97-10.89%
2019-7.83-10.94%
2018-8.79-86.08%
2017-63.1342.92%
2016-14.3-134.45%
201541.4-379.3%
2014-14.8-153.04%
201327.9

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.