N.B.I. Industrial Finance
NBIFIN.NS
#8844
Rank
โ‚น9.03 B
Marketcap
โ‚น3,679
Share price
-2.00%
Change (1 day)
94.51%
Change (1 year)

P/E ratio for N.B.I. Industrial Finance (NBIFIN.NS)

P/E ratio as of December 2024 (TTM): 131

According to N.B.I. Industrial Finance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 130.547. At the end of 2022 the company had a P/E ratio of 68.6.

P/E ratio history for N.B.I. Industrial Finance from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202268.6-39.35%
2021113194.54%
202038.4-46.9%
201972.3-41.67%
20181242060.02%
20175.74-46.44%
201610.7

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.