Graphite India
GRAPHITE.NS
#5065
Rank
โ‚น110.10 B
Marketcap
โ‚น563.55
Share price
-0.33%
Change (1 day)
6.87%
Change (1 year)

P/E ratio for Graphite India (GRAPHITE.NS)

P/E ratio as of December 2024 (TTM): 73.5

According to Graphite India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 73.491. At the end of 2022 the company had a P/E ratio of 27.8.

P/E ratio history for Graphite India from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227.832.68%
202121.0-136.7%
2020-57.1-691.43%
20199.65120.73%
20184.37

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.