Electrical Industries Company (EIC)
1303.SR
#3888
Rank
S$3.37 B
Marketcap
$3.03
Share price
0.59%
Change (1 day)
265.67%
Change (1 year)

P/E ratio for Electrical Industries Company (EIC) (1303.SR)

P/E ratio as of November 2024 (TTM): 44.0

According to Electrical Industries Company (EIC)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.983. At the end of 2016 the company had a P/E ratio of 21.7.

P/E ratio history for Electrical Industries Company (EIC) from 2015 to 2024

PE ratio at the end of each year

Year P/E ratio Change
201621.7-0.16%
201521.7

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.