P/E ratio for Prime Focus (PFOCUS.NS)
P/E ratio as of May 2024 (TTM): 23.9
According to Prime Focus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.9415. At the end of 2022 the company had a P/E ratio of -20.4.
P/E ratio history for Prime Focus from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -20.4 | -21.46% |
| 2021 | -26.0 | -88.23% |
| 2020 | -221 | 2174.11% |
| 2019 | -9.71 | -39.03% |
| 2018 | -15.9 | -126.53% |
| 2017 | 60.1 | -559.15% |
| 2016 | -13.1 | 115.21% |
| 2015 | -6.08 | |
| 2013 | 9.65 | -108.71% |
| 2012 | -111 |
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.