Dollar Industries
DOLLAR.NS
#7304
Rank
HK$2.61 B
Marketcap
HK$46.12
Share price
0.38%
Change (1 day)
13.76%
Change (1 year)

P/E ratio for Dollar Industries (DOLLAR.NS)

P/E ratio as of November 2024 (TTM): 68.8

According to Dollar Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 68.7707. At the end of 2022 the company had a P/E ratio of 27.0.

P/E ratio history for Dollar Industries from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227.047.95%
202118.35.28%
202017.447.03%
201911.8
201722.1

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.