Lux Industries
LUXIND.NS
#6153
Rank
$0.69 B
Marketcap
$23.04
Share price
-4.91%
Change (1 day)
45.16%
Change (1 year)

P/E ratio for Lux Industries (LUXIND.NS)

P/E ratio as of December 2024 (TTM): 52.6

According to Lux Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.5584. At the end of 2022 the company had a P/E ratio of 26.8.

P/E ratio history for Lux Industries from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.8-13.79%
202131.054.51%
202020.1-19.89%
201925.1-33.19%
201837.5-34.06%
201756.971.12%
201633.35.79%
201531.5

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.