P/E ratio for Orient Paper Mills (ORIENTPPR.NS)
P/E ratio as of April 2024 (TTM): 8.10
According to Orient Paper Mills 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.10398. At the end of 2022 the company had a P/E ratio of 18.6.
P/E ratio history for Orient Paper Mills from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.6 | -185.01% |
| 2021 | -21.9 | 125.93% |
| 2020 | -9.70 | -196.24% |
| 2019 | 10.1 | -7.55% |
| 2018 | 10.9 | -31.79% |
| 2017 | 16.0 | 71.22% |
| 2016 | 9.33 | -137.79% |
| 2015 | -24.7 | 241.12% |
| 2014 | -7.24 | -66.13% |
| 2013 | -21.4 |
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.