Freedom Holding
FRHC
#1992
Rank
S$10.79 B
Marketcap
๐Ÿ‡ฐ๐Ÿ‡ฟ
Country
$178.15
Share price
0.16%
Change (1 day)
67.49%
Change (1 year)

P/E ratio for Freedom Holding (FRHC)

P/E ratio as of December 2024 (TTM): 36.0

According to Freedom Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.0413. At the end of 2022 the company had a P/E ratio of 38.3.

P/E ratio history for Freedom Holding from 2018 to 2023

201920202021202220232024-2000-1500-1000-5005000companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
202238.3246.95%
202111.0-65.14%
202031.7-10.69%
201935.5-101.48%
2018< -1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
131 264.30%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-49.68%๐Ÿ‡ฏ๐Ÿ‡ต Japan
16.6-54.03%๐Ÿ‡บ๐Ÿ‡ธ USA

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.