Texmaco Rail & Engineering
TEXRAIL.NS
#5484
Rank
$1.05 B
Marketcap
$2.65
Share price
-2.83%
Change (1 day)
23.86%
Change (1 year)

P/E ratio for Texmaco Rail & Engineering (TEXRAIL.NS)

P/E ratio as of December 2024 (TTM): 102

According to Texmaco Rail & Engineering's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 102.437. At the end of 2022 the company had a P/E ratio of 138.

P/E ratio history for Texmaco Rail & Engineering from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022138518.79%
202122.3-422.45%
2020-6.93-163.76%
201910.9
2015122-118.99%
2014-643-2493.07%
201326.9

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.