P/E ratio for Radico Khaitan (RADICO.NS)
P/E ratio as of April 2024 (TTM): 101
According to Radico Khaitan 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 101. At the end of 2022 the company had a P/E ratio of 59.3.
P/E ratio history for Radico Khaitan from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.3 | 2.97% |
| 2021 | 57.6 | 120.79% |
| 2020 | 26.1 | 48.12% |
| 2019 | 17.6 | |
| 2016 | 18.0 | -17.14% |
| 2015 | 21.8 | 17.77% |
| 2014 | 18.5 | -24.85% |
| 2013 | 24.6 | -18.64% |
| 2012 | 30.2 |
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.