JK Paper
JKPAPER.NS
#5669
Rank
โ‚น79.14 B
Marketcap
โ‚น467.00
Share price
-1.14%
Change (1 day)
19.40%
Change (1 year)

P/E ratio for JK Paper (JKPAPER.NS)

P/E ratio as of December 2024 (TTM): 7.84

According to JK Paper's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.83556. At the end of 2020 the company had a P/E ratio of 9.65.

P/E ratio history for JK Paper from 2019 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20209.65114.67%
20194.50

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.