P/E ratio for Rashtriya Chemicals and Fertilizers (RCF.NS)
P/E ratio as of April 2023 (TTM): 5.43
According to Rashtriya Chemicals and Fertilizers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.42742. At the end of 2022 the company had a P/E ratio of 7.09.
P/E ratio history for Rashtriya Chemicals and Fertilizers from 2019 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.09 | -38.78% |
| 2021 | 11.6 | 60.15% |
| 2020 | 7.23 | -70.24% |
| 2019 | 24.3 | -53.98% |
| 2018 | 52.8 | 129.86% |
| 2017 | 23.0 | 101.11% |
| 2016 | 11.4 | 30.29% |
| 2015 | 8.76 | 13.26% |
| 2014 | 7.73 | -0.37% |
| 2013 | 7.76 | -37.98% |
| 2012 | 12.5 | -30.25% |
| 2011 | 17.9 | -4.97% |
| 2010 | 18.9 | 90.32% |
| 2009 | 9.92 | -45.87% |
| 2008 | 18.3 | 40.98% |
| 2007 | 13.0 | -2.82% |
| 2006 | 13.4 | 0.72% |
| 2005 | 13.3 |
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.