P/E ratio for Siyaram Silk Mills (SIYSIL.NS)
P/E ratio as of April 2024 (TTM): 10.4
According to Siyaram Silk Mills 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3984. At the end of 2022 the company had a P/E ratio of 10.1.
P/E ratio history for Siyaram Silk Mills from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.1 | -4.95% |
| 2021 | 10.6 | -136.39% |
| 2020 | -29.1 | -349.9% |
| 2019 | 11.6 | -6.72% |
| 2018 | 12.5 | -61.52% |
| 2017 | 32.4 | 103% |
| 2016 | 16.0 | 23.69% |
| 2015 | 12.9 | -0.24% |
| 2014 | 12.9 | 180.63% |
| 2013 | 4.61 | -5.74% |
| 2012 | 4.90 |
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.