Borosil
BORORENEW.NS
#5678
Rank
$0.92 B
Marketcap
$7.10
Share price
-1.18%
Change (1 day)
38.59%
Change (1 year)
Categories

P/E ratio for Borosil (BORORENEW.NS)

P/E ratio as of December 2024 (TTM): 243

According to Borosil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 242.66. At the end of 2022 the company had a P/E ratio of 62.6.

P/E ratio history for Borosil from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202262.648.11%
202142.3-67.06%
2020128130.14%
201955.8

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.