Astra Microwave
ASTRAMICRO.NS
#5719
Rank
A$1.46 B
Marketcap
$15.47
Share price
-1.99%
Change (1 day)
42.34%
Change (1 year)

P/E ratio for Astra Microwave (ASTRAMICRO.NS)

P/E ratio as of December 2024 (TTM): 125

According to Astra Microwave's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 125.416. At the end of 2022 the company had a P/E ratio of 36.8.

P/E ratio history for Astra Microwave from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202236.8-2.03%
202137.5-58.16%
202089.7420.98%
201917.2
201411.924.13%
20139.56-44.71%
201217.3

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.