Anant Raj
ANANTRAJ.NS
#3524
Rank
A$4.75 B
Marketcap
$13.91
Share price
0.26%
Change (1 day)
204.87%
Change (1 year)

P/E ratio for Anant Raj (ANANTRAJ.NS)

P/E ratio as of October 2024 (TTM): 121

According to Anant Raj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 120.574. At the end of 2022 the company had a P/E ratio of 27.7.

P/E ratio history for Anant Raj from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227.7-48.83%
202154.1-32.94%
202080.7483.08%
201913.893.33%
20187.16-53.36%
201715.3114.17%
20167.16-4.28%
20157.4895.96%
20143.82-80.14%
201319.2163.28%
20127.30

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.