Orient Paper Mills
ORIENTPPR.NS
#8732
Rank
โ‚น8.47 B
Marketcap
โ‚น39.92
Share price
-3.43%
Change (1 day)
-7.75%
Change (1 year)

P/E ratio for Orient Paper Mills (ORIENTPPR.NS)

P/E ratio as of November 2024 (TTM): 6.39

According to Orient Paper Mills 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.39451. At the end of 2022 the company had a P/E ratio of 18.6.

P/E ratio history for Orient Paper Mills from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.6-185.01%
2021-21.9125.93%
2020-9.70-196.24%
201910.1-7.55%
201810.9-31.79%
201716.071.22%
20169.33-137.79%
2015-24.7241.12%
2014-7.24-66.13%
2013-21.4

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.