According to Vidhi Specialty Food 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 60.3033. At the end of 2022 the company had a P/E ratio of 42.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 42.0 | 20.62% |
2021 | 34.9 | 89.8% |
2020 | 18.4 | 83.19% |
2019 | 10.0 | -39.31% |
2018 | 16.5 | -51.64% |
2017 | 34.2 | 89.16% |
2016 | 18.1 |
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.