Power Finance Corp
PFC.NS
#1174
Rank
$15.48 B
Marketcap
$4.68
Share price
1.50%
Change (1 day)
162.92%
Change (1 year)

P/E ratio for Power Finance Corp (PFC.NS)

P/E ratio as of March 2024 (TTM): 6.96

According to Power Finance Corp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.95928. At the end of 2022 the company had a P/E ratio of 3.06.

P/E ratio history for Power Finance Corp from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.0612.01%
20212.73-31.81%
20204.014.55%
20193.83

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.