P/E ratio for NCC Limited (NCC.NS)
P/E ratio as of May 2024 (TTM): 24.9
According to NCC Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.8532. At the end of 2023 the company had a P/E ratio of 10.9.
P/E ratio history for NCC Limited from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 10.9 | 46.25% |
| 2022 | 7.48 | -58.92% |
| 2021 | 18.2 | 524.32% |
| 2020 | 2.92 | -75.42% |
| 2019 | 11.9 | -70.38% |
| 2018 | 40.1 | -71.75% |
| 2017 | 142 | 305.81% |
| 2016 | 34.9 | -58.96% |
| 2015 | 85.1 | -78.36% |
| 2014 | 393 | 2390.11% |
| 2013 | 15.8 | -40.01% |
| 2012 | 26.3 | 121.39% |
| 2011 | 11.9 | -16.64% |
| 2010 | 14.3 | 89.45% |
| 2009 | 7.53 | -71.79% |
| 2008 | 26.7 | -22.41% |
| 2007 | 34.4 | 8.73% |
| 2006 | 31.6 |
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.