Mirza International
MIRZAINT.NS
#7317
Rank
$84.33 M
Marketcap
$0.60
Share price
4.95%
Change (1 day)
-81.42%
Change (1 year)
Categories

P/E ratio for Mirza International (MIRZAINT.NS)

P/E ratio as of March 2024 (TTM): 23.0

According to Mirza International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.0357. At the end of 2022 the company had a P/E ratio of 22.0.

P/E ratio history for Mirza International from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.032.75%
202116.6-84.31%
2020106641.03%
201914.3
201613.4-33.2%
201520.1135.97%
20148.5042.44%
20135.97-5.12%
20126.29

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.