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.
Year | P/E ratio | Change |
---|---|---|
2022 | 38.3 | 246.95% |
2021 | 11.0 | -65.14% |
2020 | 31.7 | -10.69% |
2019 | 35.5 | -101.48% |
2018 | < -1000 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
131 | 264.30% | ๐บ๐ธ USA | |
18.1 | -49.68% | ๐ฏ๐ต Japan | |
16.6 | -54.03% | ๐บ๐ธ USA |
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.