Cosmo First
COSMOFIRST.NS
#7667
Rank
โ‚น20.55 B
Marketcap
โ‚น785.00
Share price
-1.45%
Change (1 day)
20.47%
Change (1 year)

P/E ratio for Cosmo First (COSMOFIRST.NS)

P/E ratio as of November 2024 (TTM): 12.4

According to Cosmo First's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4292. At the end of 2022 the company had a P/E ratio of 6.44.

P/E ratio history for Cosmo First from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.44-6.7%
20216.9045.6%
20204.7428.25%
20193.70-48.27%
20187.14-32.73%
201710.635.81%
20167.8227.72%
20156.121471.8%
20140.3894-100.8%
2013-48.5

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.