Bliss GVS Pharma
BLISSGVS.NS
#8268
Rank
C$0.22 B
Marketcap
$2.13
Share price
6.96%
Change (1 day)
-6.94%
Change (1 year)

P/E ratio for Bliss GVS Pharma (BLISSGVS.NS)

P/E ratio as of November 2024 (TTM): 21.8

According to Bliss GVS Pharma's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.8311. At the end of 2022 the company had a P/E ratio of 8.63.

P/E ratio history for Bliss GVS Pharma from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.63-98.5%
20215761743.9%
202031.2114.17%
201914.6-39.08%
201823.933.85%
201717.91.78%
201617.6

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.