SPARC
SPARC.NS
#4793
Rank
$0.75 B
Marketcap
$2.78
Share price
-0.98%
Change (1 day)
-27.79%
Change (1 year)

P/E ratio for SPARC (SPARC.NS)

P/E ratio as of August 2022 (TTM): -27.0

According to SPARC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -27.001. At the end of 2018 the company had a P/E ratio of -35.5.

P/E ratio history for SPARC from 2012 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2018-35.5-33.42%
2017-53.4-21.18%
2016-67.7

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.