Radico Khaitan
RADICO.NS
#3235
Rank
A$5.62 B
Marketcap
$42.01
Share price
2.45%
Change (1 day)
60.42%
Change (1 year)

P/E ratio for Radico Khaitan (RADICO.NS)

P/E ratio as of November 2024 (TTM): 132

According to Radico Khaitan 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 132.494. At the end of 2022 the company had a P/E ratio of 59.3.

P/E ratio history for Radico Khaitan from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202259.32.97%
202157.6120.79%
202026.148.12%
201917.6
201618.0-17.14%
201521.817.77%
201418.5-24.85%
201324.6-18.64%
201230.2

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.