Mahindra Logistics
MAHLOG.NS
#6751
Rank
$0.43 B
Marketcap
$5.97
Share price
3.18%
Change (1 day)
23.19%
Change (1 year)

P/E ratio for Mahindra Logistics (MAHLOG.NS)

P/E ratio as of September 2024 (TTM): -149

According to Mahindra Logistics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -148.782. At the end of 2022 the company had a P/E ratio of 105.

P/E ratio history for Mahindra Logistics from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022105-51.07%
202121496.11%
2020109161.93%
201941.7-6.43%
201844.5-20.87%
201756.3

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.