Modern Dairies Limited
MODAIRY.BO
#9820
Rank
$16.57 M
Marketcap
$0.71
Share price
1.84%
Change (1 day)
97.45%
Change (1 year)

P/E ratio for Modern Dairies Limited (MODAIRY.BO)

P/E ratio as of December 2024 (TTM): 11.8

According to Modern Dairies Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7775. At the end of 2022 the company had a P/E ratio of 4.34.

P/E ratio history for Modern Dairies Limited from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.34-712.52%
2021-0.7089-129.72%
20202.3965.36%
20191.44-142.02%
2018-3.43140.94%
2017-1.4355.69%
2016-0.9153-44.52%
2015-1.65-83.12%
2014-9.77-437.16%
20132.90-274.38%
2012-1.66

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.