Milkfood Limited
MLKFOOD.BO
#7889
Rank
$31.51 M
Marketcap
$6.45
Share price
-0.06%
Change (1 day)
-12.24%
Change (1 year)

P/E ratio for Milkfood Limited (MLKFOOD.BO)

P/E ratio as of May 2024 (TTM): 25.4

According to Milkfood Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.3834. At the end of 2022 the company had a P/E ratio of 34.4.

P/E ratio history for Milkfood Limited from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202234.4-59.28%
202184.5-1.41%
202085.7324.65%
201920.2
2016-50.1-213.05%
201544.3-18.67%
201454.5403.08%
201310.8-66.06%
201231.9

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.