V-Guard Industries
VGUARD.NS
#4356
Rank
$1.73 B
Marketcap
$3.98
Share price
0.71%
Change (1 day)
33.56%
Change (1 year)

P/E ratio for V-Guard Industries (VGUARD.NS)

P/E ratio as of March 2024 (TTM): 65.8

According to V-Guard Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 65.8384. At the end of 2022 the company had a P/E ratio of 49.9.

P/E ratio history for V-Guard Industries from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202249.97.58%
202146.4-3.87%
202048.214.58%
201942.1-41.51%
201872.04.17%
201769.1108.6%
201633.1-21.33%
201542.1-14.05%
201449.0104.22%
201324.016.55%
201220.6

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.